Google plans on-demand movies on YouTube

Posted by Erina Lin on August 30, 2010 at 4:33 PM
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Google is planning to launch a pay-per-view movie service on YouTube, according to a report in the Financial Times, sify news reported.

The Internet giant is talking with major Hollywood studios. If negotiations go well, YouTube could begin showing the latest movie content on demand by the end of the year, according to The Financial Times, Information Week reported.

 

This service will directly compete against Netflix, iTunes and Hulu, as well as the rapidly dwindling neighbourhood video stores.

 

According to the report, YouTube would charge up to $5 per film - about the same amount that cable and satellite TV charge for pay-per-view movies.

 

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