YouTube = The New Netflix?

Google fired a warning shot across the bow of Netflix, Amazon VOD and Apple’s streaming rental movie business this Friday.

Yeah, but will I be able to get Cabin Boy?

From Jan 22-31, you can rent streams of up to five videos form 2009 and 2010 Sundance Film Festivals. The cost will be at $3.99 for 48hrs rental.In coming weeks, Google will be finalising partner deals with indepenedent studios, major studios and other industries, streaming films that will run the gamut from instructional, educational, entertainment , etcetera. YouTube will allow its partners to set the prices, unlike Apple’s tiered version in its iTunes Music Store. I don’t think we’ll be seeing Avatar or UP on this new service anytime, soon.