YouTube reportedly in talks to offer movie rentals

YouTube is in talks with Hollywood movie studios to offer streaming movie rentals, according to The Wall Street Journal.

The video-sharing site, owned by Google, is holding talks with studios Lions Gate Entertainment, Sony, Metro-Goldwyn-Mayer, and Warner Bros. to make premium video content available online, The Wall Street Journal reported.

The report, which cited anonymous sources familiar with the talks, said no deal had yet been reached and talks could break down without an agreement. Representatives for YouTube and the movie studios could not immediately be reached for comment on the report.

Sticking points in the ongoing negotiations include how revenue from the movie rental service would be shared between YouTube and its partners, and whether movies would be accessible from mobile devices, the Journal said, adding that rentals would likely be priced at US$3.99.

A trial of the movie rental service was originally scheduled for this month, but that was pushed back as negotiations with the studios continue, the report said.

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

CDN Staff
CDN Staffhttps://channeldailynews.com
For over 25 years, CDN has been the voice of the IT channel community in Canada. Today through our digital magazine, e-mail newsletter, video reports, events and social media platforms, we provide channel partners with the information they need to grow their business.

Related Tech News

CDN in your inbox

CDN delivers a critical analysis of the competitive landscape detailing both the challenges and opportunities facing solution providers. CDN's email newsletter details the most important news and commentary from the channel.