Youtube in Talks Offer Streaming Movie Rentals

on 9/3/09

The Wall Street journal has reported that Youtube is in talks with 4 major movies studios, Lions Gate Entertainment Corp., Sony Corp., Metro-Goldwyn-Mayer Inc. and Time Warner Inc.'s Warner Bros, to offer retail movie rentals. These rentals would be payed, about $4 per movie, or could be ad-supported. The negotiations aren't anywhere near finished but this could help Hollywood survive the dwindling DVD market.

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