With growing popularity and increasing audience base of Facebook, especially in the U.S market, movie production giant Warner Bros. announced this Tuesday (07-02-20111) that you could rent their two year old movie "The Dark Knight" for 48 hours and watch it as many time as you like on Facebook for 30 Facebook credits ($3). This step from the social networking giant declared a direct competition with Netfix, the online movie distribution company. Well, after this announcement the share pieces of Netfix came down a bit, but we don’t think that there is much for Netfix to worry about. Netfix have huge 20 million online subscriber base and at present it is clearly the leader in online film distribution. The charges of Netfix is much less compared to that of Facebook which offers a 48 hour access for 3$ as compared to one month access for 8$(Netfix)
With about 13% of the online time being spent on Facebook by an average American chances are there that Facebook can very well eat up Netfix with its 500 million subscriber base. But the experience of watching the movie of Facebook has not been that much pleasant with some sloppy interface of the movie application. Netfix on the other hand offers seamless movie viewing experience with silky smooth interface and applications. Theoretically Facebook can very well challenge Netfix in the field of online film distribution but how much can it capitalise on the situation can only be told in the time to come.
Social Networking is extending its branches to every possible field to provide its subscribers with everything to keep them happy. We, at Goodwizz also believe in going that extra mile to provide our users with every little thing they need to make their online dating experience a pleasant one. You are welcome to send in your suggestions and opinions at www.goodwizz.com