What'S The Best Movie Ever Made! Warner Bros. has announced that it's going to be offering some select movies on Facebook along with the first movie on offer online to Facebook users will be 'The Dark Knight.' It marks the start collaboration between your powerful arena of social media along with the cinema.
The viewers is going to 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 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 internet site. The release of 'The Dark Knight' will likely be a test for that potential of the social networking.
Thomas Gewecke, president, digital distribution, Warner Brothers, said, 'We think this can be a new frontier to make out films available. We're going directly to people who are already self-identifying fans.'
With 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 popular website.
Though movies are already regularly promoted on Facebook but were never streamed on this web site. The release of 'The Dark Night' will probably be a test for the potential of the social networking.
Warner Bros. thought we would make a debut on the facebook while using second Batman Movie of director Christopher Nolan as it's already well-liked by the viewers and has more than 3 million registered fans.
The fee of $3 will be the same as the rent charged by studios on Amazon.com and iTunes of Apple.
Warner Bros can be looking forward to a further advantages a social network site provides like whenever a user watches a film on Facebook it will probably be promoted to all the friends of these user.
Facebook enters the highly competitive market
Faceboook is going to face competition from Apple, Netflix and YouTube.
Camscore figures demonstrated that it was used by 42 million users in January for uploading and streaming videos.
Facebook's chief executive, Mark Zuckerberg has always wanted to allow all type of activities towards the users on his site like sending e-mails, getting referrals, and watching videos.
Other studios are expected to follow suit and therefore are just waiting for that response Warner Bros. gets from the initiative. Warner Bros. in addition has announced that it'll be offering more titles soon to Facebook users.
The revenue from DVD's and Blue Ray discs is actually falling however the online business is growing at a steady pace.
Netflex shares fell by six percent as soon as the news came on Tuesday.
Ingrid Chung, an analyst with Goldman Sachs said, 'Facebook represents a brand new potential entrant that few within the investment community were worried about prior to this announcement.'
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