YouTube Will Turn Paramount Movie Rental Store

The YouTube said on Wednesday it signed an agreement with Paramount to release 500 studio movies to rent on your pages. Among the titles that will be within the reach of sailors of the United States and Canada, they are from releases such as “The Invention of Hugo Cabret” to classics like “The Godfather.”

By the time the terms of the agreement were not disclosed, as well as the prices and terms of leases. There are also no details about how payments will be made, but the actual video site gives tips on post its official blog that presents the news. “YouTube and Google Play will have what you are looking for thanks to Paramount,” the text written by Malik Ducard, content director and partner of service.

The number of titles should “be expanded over time.”

This is not the first time that YouTube will offer paid content to their users. Since 2010 the site performs a series of experiments with the format, transmitting film festivals film independent, as when charged $ 4.99 for sailors attend the five finalists for the Sundance festival for the network, with high quality sound and image High definition.

As pointed out by the network news Reuters, the most curious aspect of the agreement is that it was just closed with a subsidiary of Viacom, the giant communications processes YouTube since 2007 because of copyright violations. According to the studio, YouTube is responsible for users who upload programs like “SpongeBob SquarePants,” “South Park” and “Daily Show.” So you should pay compensation of US $ 1 billion.