Sunrise Valley Stream Movie Theater! 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 will probably be 'The Dark Knight.' It marks the beginning of collaboration between the powerful arena of social media and also the cinema.
The viewers will be able to hire movies for a couple of 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 and observe movies on Facebook.
Though movies happen to be regularly promoted on Facebook but were never streamed on this web site. The release of 'The Dark Knight' is going to be a test for your potential of the social media.
Thomas Gewecke, president, digital distribution, Warner Brothers, said, 'We think it is a new frontier for making out films available. We're going directly to folks 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 favorite website.
Though movies happen to be regularly promoted on Facebook but were never streamed on this web site. The release of 'The Dark Night' will likely be a test for your potential of the social media marketing.
Warner Bros. thought we would make a debut on the facebook with all the second Batman Movie of director Christopher Nolan as it's already popular among the viewers and has over 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 be looking forward to the additional advantages a online community site provides like whenever a user watches a film on Facebook it will likely be promoted to all the friends of the user.
Facebook enters the highly competitive market
Faceboook will almost certainly face competition from Apple, Netflix and YouTube.
Camscore figures showed that it was used by 42 million users in January for uploading and streaming videos.
Facebook's us president, Mark Zuckerberg has always wanted to allow all kind of activities on the users on his site like sending e-mails, doing offers, and watching videos.
Other studios are required to follow suit and are just waiting for that response Warner Bros. gets looking at the initiative. Warner Bros. has announced that it's going to be offering more titles soon to Facebook users.
The revenue from DVD's and Blue Ray discs is continually falling but the online business keeps growing at a steady pace.
Netflex shares fell by six percent after the news came on Tuesday.
Ingrid Chung, an analyst with Goldman Sachs said, 'Facebook represents a new potential entrant that few inside the investment community were concerned with prior to this announcement.'
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