Wednesday, April 27, 2011

YOUTUBE LAUNCHING VIDEO-ON-DEMAND

 

WARNER BROS LOGO

Warner Brothers, Sony Pictures, and Universal have allegedly signed a deal with YouTube to launch a movie-on-demand service. The service will allow the largest video sharing site to be charging the users to stream movies.

Previously being wary about YouTube, the three major studios now seem ready to work with the site. An uncredited senior executive at one Hollywood studio opened up to The Wrap about the idea of working with YouTube, saying "We think it will start with VOD, but broaden to include sell-through over time."

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