The Financial Times is reporting that Google is in talks with major Hollywood studios to bring streaming movie rentals from their catalogs to YouTube by the end of the year. Citing multiple sources with knowledge of the plans, the FT claims that the YouTube on-demand video service will probably launch first in the US, and will offer movies, simultaneous with the DVD release, for about $5.
Read more at arstechnica.com
The movies won't be downloadable, so you'll need a live Internet connection to watch them. But the lack of a download capability isn't as big of a deal as you might think at first. The recently launched Google TV platform, which brings YouTube directly to Internet-connected televisions, presumes a constant Internet connection, so the rumored streaming rental model is a perfect fit for it.
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