YouTube to stream movies
November 7, 2008

For all the YouTube fans who love to watch short-form videos on the Google-owned site, expect feature films to soon be added.

YouTube is currently in talks with at least one Hollywood movie studio for an ad-supported streaming movie service to launch as early as next month.

There are still some problems to work out, however, such as whether enough ads can make the service profitable. Though a popular short-form video site, YouTube has yet to generate significant income.

Following in the footsteps of iTunes, Amazon Video On Demand, Netflix’s Watch Now and CinemaNow, YouTube is hoping a streaming movie service will be the way to the green.

Posted by Cheryl Cheng on November 7, 2008 | Comments (0)