Warner Bros. Launches $10/Mo Streaming Service

by Christopher Freeburn | April 3, 2013 10:41 am

Warner Bros. Launches $10/Mo Streaming Service

hollywood 300x190 Warner Bros. Launches $10/Mo Streaming Service[1]Netflix (NASDAQ:NFLX[2]) has another movie streaming rival. This time, its one of the major film studios[3].

The latest streaming service is being offered by Time Warner‘s (NYSE:TWX[4]) Warner Bros. Called Warner Acrhive Instant, users will pay $9.99 a month to receive access to the studio’s catalog of movies, reaching as far back as the 1920′s, Bloomberg notes.

Included in Warner Archive Instant’s offerings is exclusive access to a number of film and TV titles not covered under the studio’s current streaming deals with Netflix or Redbox Instant, a joint venture between Coinstar (NASDAQ:CSTR[5]) and Verizon (NYSE:VZ[6]), which officially launched last month[7].

The service is offering a free two-week trial. Certain film and TV titles will be available in high-definition for those using Roku’s video streaming devices.

Shares of Time Warner climbed more than 1% in Wednesday morning trading.

Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2011/06/hollywood.jpg
  2. NFLX: http://studio-5.financialcontent.com/investplace/quote?Symbol=NFLX
  3. one of the major film studios: http://www.businessweek.com/news/2013-04-02/warner-bros-dot-starts-streaming-service-with-vintage-films-shows
  4. TWX: http://studio-5.financialcontent.com/investplace/quote?Symbol=TWX
  5. STR: http://studio-5.financialcontent.com/investplace/quote?Symbol=STR
  6. VZ: http://studio-5.financialcontent.com/investplace/quote?Symbol=VZ
  7. officially launched last month: http://investorplace.com/2013/03/redbox-instant-streaming-service-officially-launches/

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