Thursday, January 21, 2010

Movie Rental Business

There already are plenty of places to rent movies that can be downloaded or streamed over high-speed Internet connections. The major vendors include Apple Inc.'s iTunes store, Inc., Netflix Inc. and Blockbuster Inc.

You Tube is getting into movie rental business too! The internet's most popular video channel expands into movie rentals to seek more revenue. The first five films available to rent through YouTube will cost $3.99 for a 48-hour viewing period. Movie studios will be able to set their own prices, with rental viewing windows ranging from one to 90 days. YouTube will get an unspecified commission from each rental.

For more of this read here


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