Youtube in talks with studios to distribute films

Washington, Sept. 3 (MarketWatch) .- YouTube is negotiating with some of the major studios internet distribution of movies rented, an arrangement that would cure the losses recorded in Hollywood DVD sales, said Wednesday's "The Wall Street Journal.

"If talks are successful the public for a fee, you might see on the Internet successful films like 'The Hangover' perhaps as soon as it goes on sale on DVD," the newspaper said.

YouTube, owned by Google, conducted the talks with Lions Gate Entertainment, Sony, Metro-Goldwyn-Mayer and Time Warner.

The idea is to charge users for new titles in the YouTube site already exists, and in some cases these titles could be in place on the same day that the version circulated on videodiscs.

Some studies already show full movies available and free of charge, on YouTube, but these films tend to be older and less famous.

The Wall Street Journal added that "although the details vary from study to study, in general terms the agreement would allow consumers to watch movies on the Internet at a rate as if they rented.

"In some cases the movies could be available in the same way they have been so far: free, with advertising," he said.

The newspaper argued that "people familiar with the talks" have indicated that the movie rental rates would be around $ 3.99, which is what iTunes Store, Apple charges for the rental of new movies.

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