Monday, February 28, 2011

Google looking to launch YouTube movie service in UK

Google looking to launch YouTube movie service in UKGoogle is actively looking to begin an unlimited streaming subscription service, one that will rival Netflix and Amazon, and may launch it first in the UK.

The search giant has been in talks with the major studios for months but may begin in Europe first where there is much less competition.

Netflix does not currently offer services in Europe but Amazon, following their purchase of LoveFilm last month, has a strong foothold.

For now, Google has put aside $100 million for content deals with the studios.

The NYPost says the plan is being lead by executive Robert Kyncl, who left Netflix last September.

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