YouTube May Jump Into Online Movie Rental Stream

Posted by theliepolitic on Sep 4th, 2009 and filed under Internet. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed. | Viewed 223 times.

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YouTube, Google’s online video streaming service, is in talks with Hollywood studios to rent new release movies online, according to people familiar with the talks. 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 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.

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