Streaming movies coming to YouTube?
YouTube could soon grow up and start making some serious cash – they’re rumoured to be on the brink of launching a paid-for movie-streaming service. The New York Times are reporting that the Google-owned video site is in negotiations with major Hollywood studios over implementing the service.
In the US, it would put them in direct competition with Netflix, Amazon and Apple, all of whom already offer paid-for streaming content, but if YouTube launch the service in the UK they’d more or less have the market to themselves. Over here, Lovefilm have a beta ‘Watch Online’ facility but it is small and crappy.
Elsewhere, YouTube have finally reached a financial agreement with the music industry over royalty rates and thousands of pop videos should be reappearing on the site six months after they were pulled in a big huff.
Would you hand over your hard-earned to watch a film on YouTube or does the idea of it make your skin crawl? Will you be glad to see the official video for Wind Of Change by Scorpions back on YouTube? We need to know. We really, really need to know.