Facebook to video stream

[ssd]

All Things Digital reports: "The social media giant is taking its first step to connect you with movies and TV shows, while collecting a fee in the process. It?s going to let users rent movies directly from the site, using Facebook Credits to pay for the transaction. First up is ?The Dark Knight?, from Time Warner?s Warner Bros.. It will cost 30 credits, or $3, for a 48-hour rental, via an app the studio has built for the site. More movies, along with the ability to purchase the titles outright, are coming."

I wonder how this will affect the stock price of Netflix........

 

[The Joker]

All Things Digital reports: "The social media giant is taking its first step to connect you with movies and TV shows, while collecting a fee in the process. It?s going to let users rent movies directly from the site, using Facebook Credits to pay for the transaction. First up is ?The Dark Knight?, from Time Warner?s Warner Bros.. It will cost 30 credits, or $3, for a 48-hour rental, via an app the studio has built for the site. More movies, along with the ability to purchase the titles outright, are coming."

I wonder how this will affect the stock price of Netflix........

I have been wrong before - but a business model that tries to be too many things usually fails.

 

[MadJack]

All Things Digital reports: "The social media giant is taking its first step to connect you with movies and TV shows, while collecting a fee in the process. It?s going to let users rent movies directly from the site, using Facebook Credits to pay for the transaction. First up is ?The Dark Knight?, from Time Warner?s Warner Bros.. It will cost 30 credits, or $3, for a 48-hour rental, via an app the studio has built for the site. More movies, along with the ability to purchase the titles outright, are coming."

I wonder how this will affect the stock price of Netflix........

When did this news come out? NFLX is down -$9.60 right now.

 

[ssd]

i was forwarded that message from a friend this morning. No idea when it was released.

 

[MadJack]

I have been wrong before - but a business model that tries to be too many things usually fails.

Like Google :shrug:

 

[MadJack]

All Things Digital reports: "The social media giant is taking its first step to connect you with movies and TV shows, while collecting a fee in the process. It?s going to let users rent movies directly from the site, using Facebook Credits to pay for the transaction. First up is ?The Dark Knight?, from Time Warner?s Warner Bros.. It will cost 30 credits, or $3, for a 48-hour rental, via an app the studio has built for the site. More movies, along with the ability to purchase the titles outright, are coming."

I wonder how this will affect the stock price of Netflix........

I won't pay $3, that's way too high, IMO.

 

[ssd]

Facebook has like 600 million+ users. And very good programmers. I don't think this will be a fail for them.

 

[freelancc]

is Facebook a public-traded company...:shrug:

 

[The Joker]

is Facebook a public-traded company...:shrug:

Nope. Private.

 

[MadJack]

They plan on it, maybe next year.

 

[The Joker]

Like Google :shrug:

Facebook has like 600 million+ users. And very good programmers. I don't think this will be a fail for them.

Only time will tell - turns out that they are testing this and it isn't a full blow commitment.......at least that is what a few of the articles say.....