Welcome to Hollywood, where you keep your friends close and cut large content deals with your worst enemies.
So it's a bit of a surprise to see YouTube announcing a big content partnership with Viacom studio Paramount Pictures. Under the agreement, nearly 500 Paramount movies will make their way onto YouTube and Google Play in the next few weeks, including such fan favorites as Ferris Bueller's Day Off, the Godfather trilogy, and recent Oscar winner Hugo.
With Paramount aboard the YouTube bandwagon it so dearly would like to burn, News Corp.'s 20th Century Fox becomes the lone holdout among major studios. The YouTube catalog now amounts to 9,000 movies, mostly available on a pay-per-view basis at rates comparable with your local cable service's PPV or on-demand choices.
While it's cool to see YouTube turning sworn enemies into frenemies, I don't see this service moving the needle very far for either one of the partners. As I've said, Comcast
And if you're worried about any of the myriad pay-per-view services posing a threat to digital movie maven Netflix
If Google's full-length movie plans have any merit, it's only because Google Play puts a mobile movie theater in your pocket with any Android phone. But even as Androids invade our living rooms and pants, Google may not be the biggest winner in that trend.
Fool contributor Anders Bylund owns shares in Google and Netflix but holds no other position in any of the companies mentioned. Check out Anders' holdings and bio, or follow him on Twitter and Google+. The Motley Fool owns shares of Google. Motley Fool newsletter services have recommended buying shares of Netflix and Google. The Motley Fool has a disclosure policy. We Fools don't all hold the same opinion, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.