This would be pretty big news if it works out. More competition would definitely be a good thing. Reuters:
Online video site YouTube is in talks with several major movie studios about renting movies to users by streaming the movies over the Internet according to a person familiar with the talks Wednesday.
YouTube, which is owned by Internet search giant Google, has held discussions with Lions Gate Entertainment, Sony Pictures, a unit of Sony, and Time Warner's Warner Brothers about online movie rentals, the person said.
In many cases, the movies would be available for rental for a fee in a system similar to Web rental programs from Apple's iTunes with newer movies. It would mark the first time YouTube has charged users to watch videos.
