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Is Facebook expanding Social Presence?
Warner Bros is making some of its films available on Facebook

10+ Year Member

Msg#: 4278954 posted 5:09 pm on Mar 9, 2011 (gmt 0)

Is Facebook making a move to be more integrated into our social circles?

Warner Bros is making some of its films available on Facebook, opening up a new revenue source for the Internet social network and signaling new competition for online entertainment companies. Consumers can pay for the movies using Facebook Credits...

In a note to investors on Tuesday, Goldman Sachs analyst Ingrid Chung said Facebook represents a long-term threat to online rental service Netflix Inc that caught Wall Street investors by surprise.

"The 'wisdom of friends' could be a bigger driver of movie viewership than the 'wisdom of crowds,'" wrote Chung.

From Reuters [reuters.com]



Msg#: 4278954 posted 5:18 am on Mar 30, 2011 (gmt 0)

Yes this the reality and i think that this is positive in our social life

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