Movie Studios Unite, Create a Hulu for Films
It’s no secret that the Internet TV service Hulu has been on the rise in recent months. Its rapid growth can be attributed to many factors, but the fact that Hulu is owned by News Corp (FOX), NBC, and most recently Disney (ABC) has provided it with a huge edge in content.
Now it seems that Hulu’s success hasn’t gone unnoticed by the movie industry. Quietly, Paramount, Lionsgate, and MGM studios have been working together on a new project that will create a new TV channel and sister website for streaming movies: Epix. And while Epix is in private beta (for now), it promises to offer hundreds of full-length movies for your viewing pleasure, but with a few important caveats.
Read the whole article at Mashable