YouTube Movies-on-Demand: Watch new Hollywood movies

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San Francisco, Apr 26: World's most favourite video uploading website, YouTube, officially confirmed their plans to launch the movie rental service. According to various media reports, YouTube will launch movie-on-demand service by the end of this month.

The new service from Google's YouTube allows users to stream movies from the site with premium charges. Media reports revealed that the Hollywood tycoons, Warner Brothers, Sony Pictures, and Universal have signed a deal with YouTube to launch the service.

The launch of YouTube's video-on-demand service would be a threat to Apple iTunes service, which is considered as the most popular online video streaming service. Google's plan to launch the streaming service through YouTube will extend its fight over Apple to new heights.

YouTube's new service will allow the users to watch new movies online as they come out into the DVD market. However, YouTube officials has not yet announced the release date or charges of the service. So, we have to wait a little more to watch the new movies on YouTube.

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