Free Online English Movie Avatar! Warner Bros. has announced that it's going to be offering some select movies on Facebook along with the first movie on offer online to Facebook users will probably be 'The Dark Knight.' It marks the start collaboration between the powerful whole world of social media and the cinema.
The viewers will be able to hire movies for 48 hours and watch it upon the site for $3.
New offering by Warner Bros. for Facebook users
Warner Bros. has launched the application form which allows Facebok users to rent and view movies on Facebook.
Though movies are actually regularly promoted on Facebook but were never streamed on this web site. The release of 'The Dark Knight' will probably be a test to the potential of the social media marketing.
Thomas Gewecke, president, digital distribution, Warner Brothers, said, 'We think this is a new frontier to produce out films available. We're going directly to the people who are already self-identifying fans.'
With greater than 600 million users worldwide, Facebook may be the obvious choice. Comscore, an Internet marketing research firm has announced that Facebook is America's second popular website.
Though movies happen to be regularly promoted on Facebook but were never streamed on this website. The release of 'The Dark Night' is going to be a test to the potential of the social networking.
Warner Bros. decided to make a debut at the facebook with the second Batman Movie of director Christopher Nolan as it's already popular among the viewers and has greater than 3 million registered fans.
The fee of $3 will be the same as the rent charged by studios on Amazon.com and iTunes of Apple.
Warner Bros is also looking forward to a further advantages a social network site provides like whenever a user watches a film on Facebook it will likely be promoted to all the friends of these user.
Facebook enters the highly competitive market
Faceboook will probably face competition from Apple, Netflix and YouTube.
Camscore figures established that it was employed by 42 million users in January for uploading and streaming videos.
Facebook's chief executive, Mark Zuckerberg has always wanted to allow all kind of activities on the users on his site like sending e-mails, getting referrals, and watching videos.
Other studios are anticipated to follow suit and so are just waiting for your response Warner Bros. gets from the initiative. Warner Bros. has also announced that it'll be offering more titles soon to Facebook users.
The revenue from DVD's and Blue Ray discs is consistently falling but the online business is growing at a steady pace.
Netflex shares fell by six percent following your news came on Tuesday.
Ingrid Chung, an analyst with Goldman Sachs said, 'Facebook represents a whole new potential entrant that few inside investment community were concerned with prior to this announcement.'
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