List Of Movies Starring Tom Cruise! Warner Bros. has announced that it'll be offering some select movies on Facebook along with the first movie being offered online to Facebook users will be 'The Dark Knight.' It marks the start collaboration involving the powerful arena of social media and the cinema.
The viewers is going to be able to hire movies for two days and watch it directly on the site for $3.
New offering by Warner Bros. for Facebook users
Warner Bros. has launched the application form which allows Facebok users to rent watching 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' will be a test for that potential of the social websites.
Thomas Gewecke, president, digital distribution, Warner Brothers, said, 'We think it 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 may be the obvious choice. Comscore, an Internet marketing research firm has announced that Facebook is America's second favorite website.
Though movies have been regularly promoted on Facebook but were never streamed on this internet site. The release of 'The Dark Night' will likely be a test for the potential of the social networking.
Warner Bros. thought we would make a debut with the facebook using the second Batman Movie of director Christopher Nolan since it is already popular among 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 can also be looking forward to a further advantages a social network site provides like when a user watches a movie on Facebook it will probably be promoted to all the friends of that user.
Facebook enters the highly competitive market
Faceboook will almost certainly 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 form of activities for the users on his site like sending e-mails, playing games, and watching videos.
Other studios are required to follow suit and so are just waiting for the response Warner Bros. gets from 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 though the online business keeps growing at a steady pace.
Netflex shares fell by six percent as soon as 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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