Thursday 8 September 2011

Google launches Canadian online movie service

Google Inc. (GOOG-Q534.960.930.17%) is taking its fight against Netflix north of the border, launching a YouTube-based movie rental service in Canada.

YouTube Movies, which launched with a stable of some 3,000 titles in the U.S. this May, quietly launched a Canadian sister site on Wednesday. The service allows users to rent new and classic movies for about $4 or $5. It will compete directly with Netflix, which offers Canadians unlimited access to thousands of movies and TV shows for a flat monthly subscription of about $8. Users will have 30 days from the moment they rent a movie to begin watching it, and 48 hours to finish.

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