Iphone Video Streaming Format! Warner Bros. has announced that it's going to be offering some select movies on Facebook along with the first movie to be had online to Facebook users will be 'The Dark Knight.' It marks the start of collaboration relating to the powerful whole world of social media along with the cinema.
The viewers will probably be able to hire movies for 48 hours and watch it entirely 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 watching 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 the potential of the social media marketing.
Thomas Gewecke, president, digital distribution, Warner Brothers, said, 'We think this is a new frontier to produce out films available. We're going directly to individuals who are already self-identifying fans.'
With over 600 million users worldwide, Facebook could be the obvious choice. Comscore, an Internet marketing research firm has announced that Facebook is America's second most visited website.
Though movies happen to be regularly promoted on Facebook but were never streamed on this website. The release of 'The Dark Night' will likely be a test to the potential of the social websites.
Warner Bros. thought we would make a debut in the facebook with the second Batman Movie of director Christopher Nolan as it's already well-liked by the viewers and has more 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 a further advantages a social networking site provides like each time a user watches a movie on Facebook it will probably 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 demonstrated that it was employed by 42 million users in January for uploading and streaming videos.
Facebook's leader, Mark Zuckerberg has always wanted to allow all sort of activities to the users on his site like sending e-mails, winning contests, and watching videos.
Other studios are anticipated to follow suit and so are just waiting for the response Warner Bros. gets from its 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 continually falling nevertheless the online business is growing 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 whole new potential entrant that few inside investment community were interested in prior to this announcement.'
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