Best Malayalam Movies 2006! 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 probably be 'The Dark Knight.' It marks a sluggish start collaboration involving the powerful realm of social media as well as the cinema.
The viewers will likely be able to hire movies for 2 days and watch it upon 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 watch movies on Facebook.
Though movies happen to be regularly promoted on Facebook but were never streamed on this internet site. The release of 'The Dark Knight' will likely be a test to the potential of the social websites.
Thomas Gewecke, president, digital distribution, Warner Brothers, said, 'We think this can be a new frontier in making out films available. We're going directly to people who are already self-identifying fans.'
With over 600 million users worldwide, Facebook is the obvious choice. Comscore, an Internet marketing research firm has announced that Facebook is America's second popular website.
Though movies are already regularly promoted on Facebook but were never streamed on this web site. The release of 'The Dark Night' will be a test to the potential of the social media.
Warner Bros. made a decision to make a debut on the facebook while using second Batman Movie of director Christopher Nolan since it is already popular among 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 is additionally looking forward to the added advantages a social media site provides like whenever a user watches a show on Facebook it will probably be promoted to any or all the friends of the user.
Facebook enters the highly competitive market
Faceboook will probably face competition from Apple, Netflix and YouTube.
Camscore figures indicated that it was employed by 42 million users in January for uploading and streaming videos.
Facebook's chief executive, Mark Zuckerberg has always wanted to allow all sort of activities to the users on his site like sending e-mails, getting referrals, and watching videos.
Other studios are hoped for to follow suit and are just waiting for the response Warner Bros. gets looking at the initiative. Warner Bros. in addition has announced that it's going to be offering more titles soon to Facebook users.
The revenue from DVD's and Blue Ray discs is consistently falling though the online business is 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 brand new potential entrant that few within the investment community were worried about prior to this announcement.'
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