3d Movies Dvd Glasses! Warner Bros. has announced that it's going to be offering some select movies on Facebook along with the first movie offered online to Facebook users is going to be 'The Dark Knight.' It marks a sluggish start collaboration between the powerful arena of social media along with the cinema.
The viewers will likely be able to hire movies for two days and watch it upon the site for $3.
New offering by Warner Bros. for Facebook users
Warner Bros. has launched the application which allows Facebok users to rent watching 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 the potential of the social media.
Thomas Gewecke, president, digital distribution, Warner Brothers, said, 'We think this can be a new frontier for making out films available. We're going directly to individuals who are already self-identifying fans.'
With greater than 600 million users worldwide, Facebook is 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 internet site. The release of 'The Dark Night' is going to be a test to the potential of the social media.
Warner Bros. made a decision to make a debut at the facebook using the second Batman Movie of director Christopher Nolan as it is already preferred among the viewers and has more than 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 a further advantages a social media site provides like when a user watches a movie on Facebook it will probably be promoted to all the friends of these user.
Facebook enters the highly competitive market
Faceboook will probably face competition from Apple, Netflix and YouTube.
Camscore figures demonstrated that it was utilised 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 towards the users on his site like sending e-mails, winning contests, and watching videos.
Other studios are required to follow suit and are just waiting to the response Warner Bros. gets from the 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 constantly falling however the online business is growing 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 fresh potential entrant that few inside the investment community were concerned with prior to this announcement.'
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