Movie Releases For December 2008! Warner Bros. has announced that it'll 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 the beginning of collaboration between your powerful whole world of social media and the cinema.
The viewers will probably be able to hire movies for a couple of days and watch it upon the site for $3.
New offering by Warner Bros. for Facebook users
Warner Bros. has launched the application which allows Facebok users to rent and view movies on Facebook.
Though movies are actually regularly promoted on Facebook but were never streamed on this web site. The release of 'The Dark Knight' is going to be a test for the potential of the social websites.
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 folks who are already self-identifying fans.'
With a lot 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 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. made a decision to make a debut on the facebook with the second Batman Movie of director Christopher Nolan since it is already loved 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 the added advantages a social network site provides like each time a user watches a show on Facebook it will probably be promoted to all or any the friends of the user.
Facebook enters the highly competitive market
Faceboook will face competition from Apple, Netflix and YouTube.
Camscore figures indicated 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 kind of activities on the users on his site like sending e-mails, doing offers, and watching videos.
Other studios are anticipated to follow suit and therefore are just waiting for the response Warner Bros. gets from its initiative. Warner Bros. has also announced that it'll be offering more titles soon to Facebook users.
The revenue from DVD's and Blue Ray discs is continually falling but 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 whole new potential entrant that few in the investment community were concerned with prior to this announcement.'
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