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YouTube to Offer Film Rentals


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Would stream movies on-demand for about $3.99 per title.

YouTube is reportedly in discussions with several Hollywood studios to allow users to stream movies on-demand.

Talks with Lions Gate Entertainment, Sony Pictures, Metro-Goldwyn-Mayer, and Warner Brothers are now centered around how to share revenue between them and YouTube.

The price is rumored to be around $3.99, the same price charged by Apple’s iTunes.

We hope to expand on both our great relationship with the movie studios and the selection and types of videos we offer our community,” said YouTube spokesman Chris Dale.

YouTube first began offering a section for FREE full-length movie streaming this past April, but it’s been limited to B-rated movies and documentaries.

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