Movie Theatre 30066! Warner Bros. has announced that it'll 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 collaboration between your powerful arena 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 applying which allows Facebok users to rent and observe movies on Facebook.
Though movies happen to be regularly promoted on Facebook but were never streamed on this site. The release of 'The Dark Knight' is going to be a test for your potential of the social media.
Thomas Gewecke, president, digital distribution, Warner Brothers, said, 'We think it is a new frontier for making out films available. We're going directly to folks 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 have been 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 websites.
Warner Bros. thought we would make a debut with the facebook with all the second Batman Movie of director Christopher Nolan as it is already loved by the viewers and has a lot 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 can also be looking forward to the added advantages a social network site provides like each time a user watches a film on Facebook it will be promoted to any or all the friends of these user.
Facebook enters the highly competitive market
Faceboook will almost certainly face competition from Apple, Netflix and YouTube.
Camscore figures indicated that it was utilised 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 towards the users on his site like sending e-mails, winning contests, 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. in addition has announced that it will be offering more titles soon to Facebook users.
The revenue from DVD's and Blue Ray discs is consistently falling but 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 brand new potential entrant that few inside investment community were focused on prior to this announcement.'
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