New Movies Releases This Week! 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 is going to be 'The Dark Knight.' It marks the beginning of collaboration between your powerful arena of social media as well as the cinema.
The viewers will likely be able to hire movies for 2 days 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 are already regularly promoted on Facebook but were never streamed on this site. The release of 'The Dark Knight' will be a test to the potential of the social websites.
Thomas Gewecke, president, digital distribution, Warner Brothers, said, 'We think this is the new frontier to produce 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 may be the obvious choice. Comscore, an Internet marketing research firm has announced that Facebook is America's second most used website.
Though movies have been regularly promoted on Facebook but were never streamed on this web site. The release of 'The Dark Night' will likely be a test for the potential of the social websites.
Warner Bros. chose to make a debut at the facebook while using second Batman Movie of director Christopher Nolan since it is already popular among the viewers and has more than 3 million registered fans.
The fee of $3 could be the same as the rent charged by studios on Amazon.com and iTunes of Apple.
Warner Bros is additionally looking forward to a further advantages a online community site provides like each time a user watches a show on Facebook it is going to be promoted to all the friends of this user.
Facebook enters the highly competitive market
Faceboook will face competition from Apple, Netflix and YouTube.
Camscore figures showed that it was utilised 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, winning contests, and watching videos.
Other studios are expected to follow suit and so are just waiting for your response Warner Bros. gets from its initiative. Warner Bros. has additionally announced that it'll be offering more titles soon to Facebook users.
The revenue from DVD's and Blue Ray discs is constantly falling but the online business keeps 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 fresh potential entrant that few inside the investment community were worried about prior to this announcement.'
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