Google's online video streaming service, YouTube, is in talks with Hollywood studios to rent new-release movies online. The move follows similar deals by Apple's iTunes and others.
A final deal would be contingent on pricing and an agreed-upon release date, said the people, who spoke to Variety on condition of anonymity because discussions were still ongoing.
The move takes YouTube one step away from an ad-supported business model but does not break the mold of other online rental deals already struck by iTunes, Amazon and CinemaNow, a unit of Sonic Solutions. All of them offer movie rentals for between $1.99 and $3.99 each with a 24-hour viewing period.
Discussions were most advanced with Lionsgate, Sony, Warner Bros. and MGM, all of which already have ad revenue-sharing deals with YouTube, the people said.
YouTube declined to comment specifically on the talks.
Showing posts with label MOVIE RENTALS WITH YOUTUBE. Show all posts
Showing posts with label MOVIE RENTALS WITH YOUTUBE. Show all posts
Wednesday, September 09, 2009
MOVIE RENTALS WITH YOUTUBE
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