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Is YouTube Launching a Netflix Competitor? 162

RedEaredSlider writes "YouTube could become the latest to offer a movie rental service, challenging streaming sites such as Netflix. Google is lining up deals with major Hollywood studios in order to launch the service. An anonymous executive at a studio that has signed on said Sony Pictures Entertainment, Warner Brothers, Lionsgate and Universal have all licensed their movies to the service. Not everyone is on board — Paramount, Fox and Disney declined to join."
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Is YouTube Launching a Netflix Competitor?

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