Top 10 Romantic Movies In Hollywood! Warner Bros. has announced that it's going to be offering some select movies on Facebook along with the first movie offered online to Facebook users is going to be 'The Dark Knight.' It marks a sluggish start collaboration between the powerful arena of social media and also the cinema.
The viewers will probably be able to hire movies for 2 days and watch it upon 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 already regularly promoted on Facebook but were never streamed on this site. The release of 'The Dark Knight' will be a test for the potential of the social websites.
Thomas Gewecke, president, digital distribution, Warner Brothers, said, 'We think it is a new frontier in making out films available. We're going directly to folks who are already self-identifying fans.'
With more than 600 million users worldwide, Facebook will be the obvious choice. Comscore, an Internet marketing research firm has announced that Facebook is America's second most used website.
Though movies are actually regularly promoted on Facebook but were never streamed on this website. The release of 'The Dark Night' is going to be a test for the potential of the social media.
Warner Bros. decided to make a debut on the facebook with the second Batman Movie of director Christopher Nolan since 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 the additional advantages a online community site provides like whenever a user watches a motion picture on Facebook it will be promoted to everyone the friends of the user.
Facebook enters the highly competitive market
Faceboook is going to 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 form of activities towards the users on his site like sending e-mails, getting referrals, and watching videos.
Other studios are expected to follow suit and therefore are just waiting for the response Warner Bros. gets from the initiative. Warner Bros. has announced that it will be offering more titles soon to Facebook users.
The revenue from DVD's and Blue Ray discs is actually falling nevertheless the online business is increasing 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 fresh potential entrant that few in the investment community were worried about prior to this announcement.'
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