Youtube worlds most popular video sharing site now gets into movie rentals. Movies will be available for rent for 3.99 us dollars. This rent is valid for a 48 hour period.

Movie studios can rent their movies through youtube and set their own prices too. You tube will earn through commissions.
Renting online is already very popular with sites like netflix, blockbuster and itunes providing for movie rentals, it will be interesting to see how competition will develop between these sites.
There are reports that youtube may even stream movies free but with advertisements.

Will you pay so much to watch movies ? Do you think this will be profitable ? Well according to reports you tube has already made a lot of money from just the trial version it ran lets see how things shape out in the future