Downloading Movies Off The Internet! Warner Bros. has announced that it will be offering some select movies on Facebook and the first movie offered online to Facebook users will likely be 'The Dark Knight.' It marks the beginning of collaboration relating to the powerful realm of social media and the cinema.
The viewers will probably be able to hire movies for two days and watch it entirely on the site for $3.
New offering by Warner Bros. for Facebook users
Warner Bros. has launched the application which allows Facebok users to rent and watch movies on Facebook.
Though movies happen to be regularly promoted on Facebook but were never streamed on this website. The release of 'The Dark Knight' will probably be a test for the potential of the social networking.
Thomas Gewecke, president, digital distribution, Warner Brothers, said, 'We think this can be a new frontier for making out films available. We're going directly to individuals who are already self-identifying fans.'
With over 600 million users worldwide, Facebook is the obvious choice. Comscore, an Internet marketing research firm has announced that Facebook is America's second most used website.
Though movies happen to be regularly promoted on Facebook but were never streamed on this website. The release of 'The Dark Night' will probably be a test to the potential of the social networking.
Warner Bros. decided to make a debut on the facebook while using second Batman Movie of director Christopher Nolan as it's already well-liked by the viewers and has over 3 million registered fans.
The fee of $3 could 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 online community site provides like every time a user watches a show on Facebook it will be promoted to any or all the friends of this user.
Facebook enters the highly competitive market
Faceboook will face competition from Apple, Netflix and YouTube.
Camscore figures established that it was utilised by 42 million users in January for uploading and streaming videos.
Facebook's us president, Mark Zuckerberg has always wanted to allow all form of activities towards the users on his site like sending e-mails, doing offers, and watching videos.
Other studios are required to follow suit and so are just waiting for your response Warner Bros. gets from its initiative. Warner Bros. has additionally announced that it will be offering more titles soon to Facebook users.
The revenue from DVD's and Blue Ray discs is constantly falling however the online business is increasing at a steady pace.
Netflex shares fell by six percent following the news came on Tuesday.
Ingrid Chung, an analyst with Goldman Sachs said, 'Facebook represents a brand new potential entrant that few inside investment community were worried about prior to this announcement.'
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