Top Movies Earnings! 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 likely be 'The Dark Knight.' It marks a sluggish start collaboration between the powerful world of social media as well as the cinema.
The viewers is going to be able to hire movies for two days and watch it 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 watch movies on Facebook.
Though movies are actually regularly promoted on Facebook but were never streamed on this internet site. The release of 'The Dark Knight' will be a test for the potential of the social networking.
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 is the obvious choice. Comscore, an Internet marketing research firm has announced that Facebook is America's second favorite 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 that potential of the social media marketing.
Warner Bros. thought we would make a debut with the facebook using the second Batman Movie of director Christopher Nolan as it is already loved by the viewers and has greater than 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 is additionally looking forward to an added advantages a online community site provides like when a user watches a show on Facebook it is going to be promoted to any or all the friends of this user.
Facebook enters the highly competitive market
Faceboook will almost certainly face competition from Apple, Netflix and YouTube.
Camscore figures demonstrated 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 kind of activities for the users on his site like sending e-mails, winning contests, and watching videos.
Other studios are anticipated to follow suit and they are just waiting to the response Warner Bros. gets looking at the 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 actually falling however the online business keeps growing 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 fresh potential entrant that few inside investment community were worried about prior to this announcement.'
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