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Saturday, September 5, 2009

YouTube Discussing Paid Movies Feature With Movie Studios

The Wall Street Journal writes:

YouTube is in discussions with major movie studios about streaming movies on a rental basis, a test of whether the online video giant can persuade its millions of users to pay for premium content. (...)

YouTube is talking to Lions Gate Entertainment Corp., Sony Corp., Metro-Goldwyn-Mayer Inc. and Time Warner Inc.’s Warner Bros. about charging for new titles on the existing YouTube site. In some cases, these titles might be available on the site on the same day that they come out on DVD.

Some studios already make full-length movies available on YouTube free, though they tend to be older, lesser-known films.

Some of Google’s past forays into paid movies have not turned out well.

[Thanks WebSonic.nl!]

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