Miramax has partnered with Warner Bros., Paramount and Universal in offering Facebook Movie Rentals.
The service will offer movies for first time viewing online. Titles include Adventureland, Good Will Hunting and Trainspotting, among a selection of 20. Films from Facebook Movie Rentals are available for 30 Facebook credits, which is equivalent to three dollars.
Watching movies on the go has never been easier. With this app, you can catch up on new favorites and old classics with one easy swipe of the finger.
Implications - Consumers in modern society want to be able to access their favorite movies on all of their devices. Services that offer this appeal to shoppers who look for convenience. Companies could attract more customers by making more designs for customers with hectic lifestyles.
Social Media Film Streaming
Catch up on Flicks on the Go with Facebook Movie Rentals
Trend Themes
1. Social Media Film Streaming - Opportunity to tap into the growing trend of streaming films on social media platforms, offering convenience and accessibility to consumers.
2. Facebook Movie Rentals - Potential for other streaming platforms to partner with movie studios and offer movie rentals through social media platforms, providing a new distribution channel for content.
3. On-the-go Movie Viewing - Opportunity to develop mobile-friendly movie streaming applications that cater to consumers who want to watch movies on their devices while on the go.
Industry Implications
1. Film Streaming Services - Disruptive innovation opportunity: Create a streaming service that integrates with popular social media platforms to offer movie rentals and attract users.
2. Social Media Platforms - Disruptive innovation opportunity: Partner with movie studios to offer movie rentals on social media platforms, expanding the range of services offered to users.
3. Mobile App Development - Disruptive innovation opportunity: Develop user-friendly mobile apps that allow seamless movie streaming on smartphones and tablets, catering to the increasing demand for on-the-go entertainment.