CNET writes MGM will be the first major movie studio to post full-length feature films on YouTube:
MGM will likely not be the last studio to post full-length feature films on YouTube, according to an industry source. Last summer, Lionsgate announced a partnership with YouTube, but that deal calls for the studio to offer only short clips from films and TV shows. MGM will also post TV shows on YouTube, according to multiple reports published on Sunday.
For Google, YouTube's parent company, the deal is a turning point in its relationship with Hollywood. There was lots of distrust and bitter feelings in entertainment circles after the way Google dealt with copyright infringement on its site. But that was when Google was in the driver's seat. Back then, thousands of YouTube's users would post clips from TV shows and films on the site and YouTube executives told the studios they were powerless to prevent it--all the while YouTube amassed an enormous following.