YouTube has just announced a deal with studios including Sony and Lionsgate, that will result in full-length, ad-supported library films and TV showed being streamed on the popular video-sharing website, says The Hollywood Reporter. The names of the other studios involved in the deal had not yet been released as of this posting, but is said that "YouTube users who click on a film will be redirected to sites controlled by the studios, which will be able to serve their ads to, and collect traffic from, their own video player." Not surprisingly, the online film offerings are not expected to include new releases. [The Hollywood Reporter]
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