YouTube, the Google-owned, video sharing site is reportedly set to announce an on-demand movie service. that will charge users to stream major motion pictures and will likely take on Netflix!
YouTube offers video-sharing as well as livestreaming, and a special feature called LeanBack which works with GoogleTV.
When will YouTube offer Major Hollywood Titles?
According to reports, it could be as soon as this week or next. Studios that are said to already be ‘on-board’ included Sony Pictures, Warner Brothres, Lionsgate, Universal and more. YouTube already offers rentals on a small scale with a very select, more independent selection of titles. When YouTube first launched the service, over a year ago, it created some buzz and was coined a Netflix killer. This never seemed to pan out.
The most likely cause for it’s lackluster rollout may now be solved however, with the inclusion of those major studios. Netflix currently has almost no first run titles and it seems that YouTube would. Additionally, Netflix has delays in how long it takes for them to be able to offer many of those ‘new releases’.
What’s YouTube Live Streaming?
With over 2 billion views a day, it’s easy to think about YouTube as a place to watch videos recorded in the past. But you’ve told us you want more – and that includes events taking place right now. In response, we’ve live streamed a number of popular concerts, sporting events, and interviews, but primarily on a one-off basis.
Today we’re announcing the initial roll out of YouTube Live, which will integrate live streaming capabilities and discovery tools directly into the YouTube platform for the first time. This begins with a new YouTube Live browse page (www.youtube.com/live), where you can always find the most compelling live events happening on YouTube and add events to your calendar.