Online movie rentals edge closer to SA shores

The Wall Street Journal recently reported that YouTube is talking to major US film studios about offering movie rentals on the international video site. Speculation suggests they would charge about $3.99 (roughly R30 as of this writing) for on-demand movie downloads. After spending several billion dollars on YouTube (including the $1.65 billion purchase price), and differing reports on whether ad-supported free video content is a viable business model (or how to make it one), Google may be realising that ad-supported content might need, at least in the medium term, to be subsidized with paid-for premium content.

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