10 November 2008

US - You Tube to start showing full-length films

(Times)
YouTube took its first step towards a comprehensive movie service, reaching a deal with a big Hollywood studio to start showing full-length television shows and films. The video-sharing website is set to announce that it will host TV episodes and movies from the archives of Metro-Goldwyn-Mayer (MGM) in its latest step to boost advertising revenue. The deal is expected to be the first of many. It emerged over the weekend that the site, which is owned by Google, was in negotiations with other Hollywood studios.