Friday, April 29, 2011

Two Studios Hold Out On YouTube Movie Rental Deal?Piracy Is The Issue

Word leaked earlier this week that YouTube (NSDQ: GOOG) was going to start renting out premium movie content, putting it in a position to compete directly with iTunes. But now there’s a snag. Executives at Fox and Paramount both say they won’t move ahead with a deal because “YouTube and its parent, Google, have not taken adequate steps to stop supporting piracy sites,” according to a report at TheWrap.

Source: http://feeds.paidcontent.org/~r/pcorg/~3/-pRODgB9PeY/

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