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03-08-2011, 01:20 PM #1
Facebook May Take a Bite Out of Apple with New Streaming Content Push
Facebook is joining the ranks of major streaming content providers by beginning to offer online movie rentals. Warner Bros. has already been announced as Facebook’s first official partner in the effort, making The Dark Knight available through the movie’s official Facebook page.
“Every digital heavyweight is making a play for your living room," writes Peter Kafka of All Things Digital. He adds that Facebook clearly has designs on possibly challenging the likes of Apple, Netflix, Hulu, Amazon, Google, Microsoft, and everyone” in the digital content streaming space. Although only one film will be made available in this initial test run, Wall Street reacted to the news Tuesday as traders began selling shares of Netflix in anticipation of Facebook’s growth in the world of digital video rentals. Shares of Apple, it should also be noted, only rose $0.19 on a day when equities and, particularly tech stocks, were strong, although it would be inaccurate to pin Apple's flat session entirely on the Facebook announcement.
Regardless, expectations surrounding Facebook's effort are high. For now, the cost of a Facebook movie rental is 30 Facebook credits - about $3. Once a film is rented, users have 48 hours from the time of purchase to watch it in their browser. Facebook still functions as usual - 'poking,' 'liking,' etc. - throughout the the rental period. To that end, Thomas Gewecke, president of Warner Bros., says that “Facebook has become a daily destination for hundreds of millions of people,” said Thomas Gewecke, president of Warner Bros. Digital Distribution. “Making our films available through Facebook is a natural extension of our digital distribution efforts. It gives consumers a simple, convenient way to access and enjoy our films through the world’s largest social network.”
Only time will tell if - and how - Facebook's new venture will impact Apple and its peers in the realm of digital content.
Source: All Things Digital
03-08-2011, 01:24 PM #2
Na! not for me, Netflix and vudu Is more then enough for me
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03-08-2011, 01:29 PM #3
If it's anything like the rest of Facebook's everchanging GUI then go ahead and count me out too.
03-08-2011, 01:31 PM #4
03-08-2011, 01:31 PM #5
i think facebook is getting into something they really have no business being in...and exactly the GUI changes have been horrible so apparently the guy coming up with the ideas is not quite in tune with the wants of the users
03-08-2011, 01:32 PM #6
Does anyone else remember Facebook from about September 2006 and earlier? You know, back before it... sucked? Facebook was perfect the way it was back when it was your pictures, your wall, and NO News Feed. The inclusion of the News Feed in late 2006 forever ruined it for me.
I can't keep up with it these days. Now it's just out of control. Screw you, and screw your farm.
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03-08-2011, 01:52 PM #7
Wow, this looks really bad. No way this ever gets much ground.
03-08-2011, 01:54 PM #8
03-08-2011, 01:59 PM #9
03-08-2011, 02:06 PM #10
Being an i can be a lot of pressure. you have to live right up to the small point.
03-08-2011, 02:07 PM #11
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03-08-2011, 02:08 PM #12
[QUOTE=seann33uk;5877490]because its a social site, not a video site. It should first attempt to fix its pictures, and chat amongst many other failures before it attempts to "branch out"
They'll be making phones next >
03-08-2011, 02:12 PM #13
Facebook is on a downward spiral and is desperate to go out in a blaze of glory, grasping at anything and everything on its way down. In a few years time it will be a distant memory.
03-08-2011, 02:18 PM #14
Guess what, watching movies is a social experience. For the movie studios it's a good and cheap method of trying to reach a 500+ Million install base.
Last edited by feidhlim1986; 03-08-2011 at 02:18 PM. Reason: Automerged Doublepost
03-08-2011, 02:33 PM #15
Facebooks first step into the mistakes myspace did...poor them...time to start deleting my
03-08-2011, 02:36 PM #16
Exactly why I stopped using Facebook. My notifications are all filled with Mafia Wars requests/Farmville/Cafe City or whatever that is from random people.
03-08-2011, 02:40 PM #17
All I'm sayin' is, If I had to choose between Facebook or Apple, it would be a quick and easy decision.
03-08-2011, 02:43 PM #18
Last edited by santacruzlocal; 03-08-2011 at 02:44 PM. Reason: Automerged Doublepost
03-08-2011, 03:01 PM #19
03-08-2011, 03:16 PM #20
Mock my words, f