DivX signs deal with Lions Gate Entertainment and Paramount Pictures
DivX has announced that they have signed deals with two new media labels Lions Gate Entertainment Corp and Paramount Pictures.
They would now digitally distribute their films online.
With this, the company now has deals with four major movie companies including Warner Bros and Sony [...]

YouTube prepares to take on Hulu
Google has announced some new deals which would enable YouTube to become a worthy challenger to Hulu.
The search engine industry leader said that YouTube would soon feature more full-length movies and TV shows.
They are also in the process of launching new advertising features on the service to boost revenues. [...]