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YouTube is in talks to hire Hollywood

Videoservice YouTube, a division of Google, negotiates with major Hollywood studios about the possibility of providing users with the latest movies for rental. This is with reference to sources familiar with the negotiations, said Wednesday the agencyAssociated Press.

According to sources, the parties have not agreed on prices and agreed on terms of release of new pictures on the video service. The interviewee wished to remain anonymous because talks have not yet completed. When the new Hollywood movies can appear on YouTube, is not clear.

As the publication Wall Street Journal, some pictures of past years are available for viewing on YouTube for a fee, but if the deal goes through, users will be able to watch and more new movies. According to some sources, negotiations are conducted with the studios, Lions Gate Entertainment Corp., Sony Corp. and Warner Bros.

Rent new movies already available on the services iTunes, Amazon.com and Cinemanow.com. YouTube's intention to negotiate the rental of paintings may indicate a desire to reduce the amount of free content, notes the WSJ.

Category: Technology | Views: 922 | Added by: magictr | Tags: Google, YouTube | Rating: 0.0/0
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