http://www.webtvwire.com/facebook-now-offers-movie-rentals-social-networking-site-to-challenge-netflix-amazon/ The Business of Internet Television and Video Thu, 31 Mar 2011 00:28:36 -0600 http://wordpress.org/?v=2.8.4 hourly 1 http://www.webtvwire.com/facebook-now-offers-movie-rentals-social-networking-site-to-challenge-netflix-amazon/comment-page-1/#comment-251418 Nitin Narang Sun, 20 Mar 2011 18:22:15 +0000 http://www.webtvwire.com/?p=24182#comment-251418 Facebook move to create a platform for paid content distribution makes sense from business diversification and bringing a new differentiator in social networking space. With privilege of a large active user base (more than 250 million+ users login to Facebook every single day), Facebook has a strong competitive advantage to introduce new concepts. While users get to enjoy the new feature, its success (and any real challenges to likes of Amazon, netflix and hulu etc) may well depend on pricing (subscription/ À la carte, price for new/old movies, SD/HD formats etc) and content availability in the future Facebook move to create a platform for paid content distribution makes sense from business diversification and bringing a new differentiator in social networking space. With privilege of a large active user base (more than 250 million+ users login to Facebook every single day), Facebook has a strong competitive advantage to introduce new concepts. While users get to enjoy the new feature, its success (and any real challenges to likes of Amazon, netflix and hulu etc) may well depend on pricing (subscription/ À la carte, price for new/old movies, SD/HD formats etc) and content availability in the future

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