In a Wall Street Journal article today, Facebook and Time Warner are going to experiment offering movies on the social networking site. I realized earlier this year that the site was beginning to offer services at a charge. Games became available to compete against your friends. Facebook only gave you so many credits to play the games, if you wanted to play more and ultimately beat your friends you had to purchase additional credits. I personally thought it was crazy to put down your credit card to gain more points in Family Feud than your friends, it isn't worth even $5. So I am interested how offering movies for a charge will do.
I get it, hundreds of millions of people go on the social networking site everyday, but I am skeptical. The first movie that will be streaming is "The Dark Knight," which came out two years ago! This is one of my favorite movies, but shouldn't they experiment with a more recently released movie? Netflix stock had fallen on the news of more competition in the digital video market. Something to keep an eye on.
http://online.wsj.com/article/SB10001424052748703386704576186913491751144.html?mod=WSJ_hp_MIDDLETopStories
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