Warner Bros. tests Facebook movie rentals

IDG News Service - As if users needed another reason to spend more time on Facebook, Warner Bros. has started offering movies to rent or buy and view on the site.

The program, which was launched on Tuesday in an initial test phase, requires users to pay for the movies using Facebook's on-site currency, called Credits.

The films will be available on their individual Facebook Pages, starting with a Batman film, "The Dark Knight," which costs $3 to rent.

More titles will be added over the coming months. The service is available only to U.S. users.

With this move, Warner Bros. adds a major digital distribution channel for its movies, while Facebook gets into the increasingly popular market for online streaming of professionally produced films and TV shows. This puts Facebook in competition with the likes of Apple, Amazon.com and Netflix.

In addition, letting its extremely hooked and loyal users watch full-length movies on the site is bound to boost Facebook's already robust usage metrics. According to comScore, in December Facebook unique visitors for the month grew 38% year on year to 153.9 million in the U.S., while total time spent on the site spiked 79% to almost 50 billion minutes.

It's not the first time that full-length, professional video is available on Facebook. In 2009, NBC debuted its show "Community" on the site and Hulu launched an application for watching NBC premieres.

"Right now, more than 400 games and applications use Facebook Credits to give people a convenient and safe way to buy virtual and digital goods on Facebook. We're open to developers and partners that want to experiment using Credits in new and interesting ways, and we look forward to seeing what they come up with," a Facebook spokeswoman said via e-mail when asked for comment about the Warner Bros. announcement.