YouTube to Rent Paramount Movies
About 500 titles include 'Transformers' and 'The Godfather '
By Dustin Lushing, Newser Staff
Posted Apr 4, 2012 4:36 PM CDT
The YouTube logo.   (Getty Images)

(Newser) – In a new deal, YouTube will be renting flicks produced by Paramount Pictures. Paramount will make available 500 movies, including Ferris Bueller's Day Off, Transformers, and The Godfather trilogy, reports Bloomberg Business Week. The titles will be online in a few weeks and cost $2.99 to $3.99 for a 48-hour rental.

YouTube already provides content from four other major studios. “It’s still early days for us,” says YouTube's director of content partnerships. “We’ll continue adding new titles and expanding our service to more countries this year.” Paramount Pictures is a subsidiary of Viacom, the conglomerate that sued YouTube in 2007 over copyrights. This deal may symbolize a burying of the hatchet between the two media companies, writes Brian Womack.

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Apr 4, 2012 7:06 PM CDT
Meh. 2.99 for a movie i could get at my local red box for 1.00, no thanks. Granted i do live only a block away from the thing so i guess the case might be different for someone else. The thing that the movie/music industry hasn't realized yet is that their price point is all wrong. There is a reason that there is a piracy problem...Lower the prices and believe me, data piracy would be greatly reduced.