Best Buy Dvd Movies New Releases! Warner Bros. has announced that it'll be offering some select movies on Facebook along with the first movie being offered online to Facebook users will probably be 'The Dark Knight.' It marks the start collaboration involving the powerful realm of social media and also the cinema.
The viewers will likely be able to hire movies for a couple of days and watch it directly on the site for $3.
New offering by Warner Bros. for Facebook users
Warner Bros. has launched the approval which allows Facebok users to rent and observe movies on Facebook.
Though movies are actually regularly promoted on Facebook but were never streamed on this site. The release of 'The Dark Knight' will be a test for that potential of the social websites.
Thomas Gewecke, president, digital distribution, Warner Brothers, said, 'We think it is a new frontier to make out films available. We're going directly to the people who are already self-identifying fans.'
With more 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 most used website.
Though movies happen to be regularly promoted on Facebook but were never streamed on this web site. The release of 'The Dark Night' will probably be a test for the potential of the social media.
Warner Bros. chose to make a debut with the facebook using the second Batman Movie of director Christopher Nolan as it is already well-liked by the viewers and has over 3 million registered fans.
The fee of $3 may be the same as the rent charged by studios on Amazon.com and iTunes of Apple.
Warner Bros can be looking forward to an added advantages a social network site provides like when a user watches a show on Facebook it is going to be promoted to everyone 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 used by 42 million users in January for uploading and streaming videos.
Facebook's chief executive, Mark Zuckerberg has always wanted to allow all sort of activities on the users on his site like sending e-mails, playing games, and watching videos.
Other studios are anticipated to follow suit and so are just waiting for that response Warner Bros. gets from its initiative. Warner Bros. in addition has announced that it'll be offering more titles soon to Facebook users.
The revenue from DVD's and Blue Ray discs is continually falling however the online business is increasing at a steady pace.
Netflex shares fell by six percent after the news came on Tuesday.
Ingrid Chung, an analyst with Goldman Sachs said, 'Facebook represents a new potential entrant that few within the investment community were worried about prior to this announcement.'
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