YouTube start to rent movies from Hollywood this week

It is said that YouTube plans to launch a service-on-demand movie (movies on demand) that will allow users to pay to watch movies of big Hollywood production houses. As we discussed in The Wrap, some as big as Warner Bros. , Universal , MGM, Lionsgate and New Line may offer "rent" their movies directly from the most famous video site in the world.

For the first time major studios are looking at YouTube as a partner to make your content more easily reach more people, and the process can also increase their profits, "not a threat.

Input videos giant declined to give any definitive statement about whether the rumors are true, but talked about for nearly a year have had a rent in beta (which has some content, mostly independinte). Still, sources close to The Wrap comment that a spokesman for one of the studies Holywoodenses has signed agreements with YouYube said said: "[...] think that this will begin as VOD (video on demand) but could grow to be a service sale "if it is true, his statement would clear the intentions for the future of YouTube.

If the rumors are true this is one of the biggest deals in the history of video on demand . Perhaps the biggest precedent we can find is what Apple did with the rental service from iTunes , in 2008, which included large production houses, like Fox, Disney, Warner Bros., Paramount, Universal, Sony, MGM, Lionsgate and News Line.

It has long both YouTube and all of Hollywood film companies were interested in doing something like this. On the one hand YouTube has 130 million monthly users which could be offered as soon as movies go to DVD market, on the other film companies could make money by skipping the physical formats and combat piracy in one motion, would be a win-win situation for both parties.

Rumor has it that Paramount and Fox have declined, for the moment, the offer to be part of this service, and Disney , meanwhile, has been indecisive.

No doubt that Google is determined to go around with this. If YouTube does things right, could go far. Income at a reasonable price and could easily bring many gains that otherwise no one would gather, the ease of access to a product can make a difference in combating piracy, "and the volume of users who have earnings could be very fast.

Many say the Internet killed Blockbuster . "We will also give his successor?

Image via: The Wrap

YouTube start to rent movies from Hollywood this week written ALT1040 April 26, 2011 zapata131
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