YouTube Introduces Movies On Demand Service, Finally!

Life just got better for all YouTube loyalists. After a dull week, rife with updates on how to transfer videos from a slowly dying Google Videos onto an over-worked YouTube, the worst seems to be over. Pay and Watch!

YouTube has now officially entered the online movie rental space. The service that is all set to launch this week will charge users for streaming mainstream Hollywood movies. YouTube is poised to give the popular iTunes service a stiff competition. iTunes currently is the most popular paid video streaming service, and now with YouTube entering the space with a host of big names backing it; the competitor seems to have toughened overnight.

YouTube, to say, was in plans of launching its own video streaming service since long. But, it was in the process of getting in the biggest names in the market under its hood. YouTube has so far managed to get in studios like Sony Pictures Entertainment, Warner Brothers and Universal, as also independent studios like Lionsgate and Kino Lorber. However, Paramount Pictures, Fox and Disney have not given in their consent to licensing their movies, as yet. Hollywood, however, is now optimistic about YouTube’s this move, since its being seen as an excellent revenue generating mode. 

All the more crucial, since the revenues coming in from the home entertainment sector has been on a steady decline.

2015 Lotus Elise Appears in Paris - With Live Pictures and Video

The new Lotus Elise jumps into entirely new styling territory, not so much evolving from the current model but fully reinventing itself as a baby Esprit. The only similarities are the mid-engine layout driving the rear wheels and 2-seats around corners.

Below, Lotus has been kind enough to provide a nicely-designed chart for your convenience instead of spreading all the car's stats across a 15,000-word press release.

The new baby Lotus will get a standard 6-speed manual (with an optional 7-speed DCT) and be powered by a Toyota 2.0-liter 4-cylinder engine putting out 320-horsepower.

If the Elise is putting out that kind of go for a £35,000 [around US$55,500] base price, this is looking to be a bargain basement killer. To make that 320 ponies extra green, it will also offer mild hybrid tech and an optional start/stop system when it comes out in Spring 2015.

By Phil Alex

_____________________________________________________________________

_____________________________________________________________________