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Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read PIMCO raises bet against U.S. government debt 09 May 2011 Microsoft to buy Skype for $8.5 billion, price seen high 10:30am EDT Arnold Schwarzenegger, wife Maria Shriver separate 1:44am EDT Obama administration fights to save healthcare law 11:02am EDT Memphis braces for Mississippi River flood crest | 09 May 2011 Discussed 165 Concerns raised over shooting of unarmed bin Laden, burial 144 Obama at U.S. base to pay tribute to bin Laden mission 114 Boehner demands trillion-dollar cuts in debt deal Watched New video game takes aim at Bin Laden 2:08am EDT US releases video of bin Laden from compound Sat, May 7 2011 Pakistan says bin Laden accusations "absurd." Mon, May 9 2011 YouTube adds Hollywood movies for rental Tweet Share this By Yinka Adegoke NEW YORK (Reuters) - YouTube is adding more than 3,000 mainstream movies for users to rent starting on Monday, along with the millions of free user-created videos the popular website is best known for. Google Inc-owned YouTube is... Email Print Related News "Thor" and "Fast Five" power box office sales Sun, May 8 2011 Blavatnik's Access wins Warner Music for $3.3 billion Fri, May 6 2011 Analysis: Skype, better with Facebook than Google? Fri, May 6 2011 Hollywood honors "timeless, beautiful" Sophia Loren Thu, May 5 2011 Cablevision profit up, New York growth weak Thu, May 5 2011 Analysis & Opinion The business of digital journalism Tech wrap: LinkedIn IPO values firm at over $3 billion Related Topics Entertainment » Fashion » Technology » Media » Stocks Visitors are seen at ''You Tube'' stand during the MIDEM, which is the international record music publishing and video music market, in Cannes January 23, 2011. Credit: Reuters/Eric Gaillard By Yinka Adegoke NEW YORK | Tue May 10, 2011 9:18am EDT NEW YORK (Reuters) - YouTube is adding more than 3,000 mainstream movies for users to rent starting on Monday, along with the millions of free user-created videos the popular website is best known for. Google Inc-owned YouTube is offering a mix of recent Hollywood blockbusters, independent and foreign movies for 99 cents up to $3.99 each. These include last year's Oscar winners "The King's Speech" and "Inception" alongside classics including "Scarface" and "Taxi Driver." Most of the movies on the site are priced around $2.99. In addition, hundreds of movies, including some offered before the latest launch, are available for free viewing as with other clips. YouTube signed deals with major studios including Time Warner Inc's Warner Bros, Sony Corp'sJ Sony Pictures, Comcast Corp's Universal Pictures and Lions Gate Entertainment. Once users have upgraded their YouTube accounts they can pay to watch a movie, which they have 30 days to begin viewing. Once users begin watching the movie, they typically have 24 hours to finish. Many of the movies, which will be streamed, will be available at the same time as DVD releases. Hollywood studios are slowly warming up to the idea of using social media not just for marketing but as a potential new distribution outlet like cable and theaters. Warner Bros recently started experimenting with some of its popular movies on Facebook for a rental fee which could be paid with Facebook credits. YouTube will allow users of movie rentals to share the movies on Facebook and Twitter but if the recipient clicks on the link they will see a trailer unless they have also rented the movie. Another feature is YouTube Movie Extras, similar to DVD extras with behind-the-scenes videos, cast interviews, parodies and remixes made by YouTube users. The new service is available only in the United States. YouTube has spent the last couple of years redeveloping the popular site, to tweak its image as a site for grainy 2-minute clips of users' pets and kids. The goal for YouTube is to drive more views of its videos which, in a fast-evolving Web content sector, need to offer better production values to compete against paid professional offerings from the likes of Hulu, Netflix Inc and websites CBS, Walt Disney Co's ABC and other broadcasters. (Reporting by Yinka Adegoke; Editing by Richard Chang and Matthew Lewis) Entertainment Fashion Technology Media Tweet this Share this Link this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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