According to the Times, new releases on the service will cost about $5 will be streaming-only. Titles will be available the same day they are released on DVD.
According to an “executive with knowledge of the plans”:
“Google and YouTube are a global phenomenon with a hell of a lot of eyeballs – more than any cable or satellite service . . . They’ve talked about how many people they could steer to this . . . It’s a huge number.”
Do you think this service will be any more successful than YouTube’s previous paid rental attempts? Can the world’s most popular video-viewing site turn this new service into a cash cow?
(via The Financial Times)