YouTube will begin offering movies from MGM's archives. Both the studio and YouTube hope to boost their revenues with the deal.BBC: Full-length MGM films on YouTube(November 10, 2008) The content will be free to download but will contain advertisements.BBC: Full-length MGM films on YouTube(November 10, 2008) The channel will be called Impact and will offer classic movies and TV shows.
MGM's Stance
MGM has some financial worries and aims to boost its profits through this deal.The New York Times: MGM to Post Full Films on YouTube (November 9, 2008) The studio does not plan to have all of its archives available.
YouTube's Latest Changes
YouTube is also going to begin broadcasting new programs by Fremantle, the U.K. based TV production company behind the hit show American Idol. YouTube made a deal with CBS in October 2008 in which full episodes of Beverly Hills 90210 and Star Trek will be available for free on YouTube.
MGM YouTube News and Blogs
Information Week: YouTube, MGM Bring Full-Length Films Online (November 10, 2008)
The Money Times: MGM, YouTube sign Pact (November 11, 2008)
Fierce Online Video: MGM on YouTube Whos Next (November 10, 2008)
References
Fast Facts
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Some MGM films and TV shows will be available on YouTube
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The latest blockbusters or widely popular classic movies, like the James Bond films, will not be available
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The channel will be called Impact
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Classic movies and TV shows will be available
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Both companies hope to make revenue through advertisements
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