Most Expensive Movie 1963! 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 arena of social media as well as the cinema.
The viewers will probably be able to hire movies for 48 hours 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 and watch movies on Facebook.
Though movies have been 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 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 the people who are already self-identifying fans.'
With a lot more than 600 million users worldwide, Facebook could be the obvious choice. Comscore, an Internet marketing research firm has announced that Facebook is America's second popular website.
Though movies happen to be regularly promoted on Facebook but were never streamed on this site. The release of 'The Dark Night' will be a test for your potential of the social networking.
Warner Bros. chose to make a debut in the facebook while using second Batman Movie of director Christopher Nolan as it's already popular among the viewers and has over 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 an added advantages a social networking site provides like when a user watches a film on Facebook it will probably be promoted to everyone the friends of this user.
Facebook enters the highly competitive market
Faceboook is going to face competition from Apple, Netflix and YouTube.
Camscore figures demonstrated that it was utilized 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 to the users on his site like sending e-mails, doing offers, and watching videos.
Other studios are expected to follow suit and so are just waiting for that response Warner Bros. gets from its initiative. Warner Bros. has additionally 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 but the online business is increasing at a steady pace.
Netflex shares fell by six percent following your news came on Tuesday.
Ingrid Chung, an analyst with Goldman Sachs said, 'Facebook represents a whole new potential entrant that few within the investment community were concerned with prior to this announcement.'
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