A recent report has suggested that YouTube is now working to acquire streaming rights for movies and TV shows. While YouTube’s intention behind this move is not exactly clear at the moment, it might have to do with its newly launched subscription service called YouTube Red.
However, YouTube’s efforts to gain those streaming rights is still in its early stages. That being said, the report did pointed out that YouTube is leveraging Google Play’s existing relationship with the industry since users already able to purchase or rent movies and TV shows through Google Play for quite some time.
Hence, it is not surprising that information regarding this move by YouTube are quite scarce at the moment. This include the list of studios that YouTube will be working with as well as movies and TV shows that the service is planning to acquire. It is also not known at the moment whether these streaming rights will be exclusive to YouTube Red or otherwise.
From the way we see it, this move is pretty necessary for YouTube to strengthen the appeal of its subscription service. Even though it can only go as far as providing exclusive content, it is amusing to see the company making the decision to expand the service with licensed movies and TV shows.
(Source: The Wall Street Journal)