YouTube in Talks with Studios on Movie Rental Scheme
YouTube working on a deal to rent movies to visitors
Google paid a premium for video streaming site YouTube and so far by Google’s own admission, the website has failed to live up to its profit potential. YouTube continues to be the poster child for a site with an immense amount of traffic and little revenue.
Some reports have YouTube losing significant sums of money, though exactly how much money the video site loses is unconfirmed. YouTube is always on the lookout for new methods to monetize its video consuming users and recently unveiled a plan that would allow it to place ads on one-off videos and share the revenue with the video producer.
Read more: dailytech.com
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