Thursday, September 3, 2009

YouTube moving toward paid content - InternetNews.com

Google (NASDAQ: GOOG) appears close to inking partnerships with several major Hollywood studios to offer streaming movie rentals on YouTube in what would be the first foray toward paid content on the world's largest video site.

The negotiations are laying the groundwork for a three-month trial that would see YouTube begin offering streaming movie rentals ahead of the title's DVD sales date, with the studios receiving about 60 percent of the revenue, the Associated Press reported...