Google and MGM have struck a licensing deal to feature over 600 MGM movie titles as rentals on YouTube and Google Play in North America, including titles such as Rocky, Rainman, The Terminator, and Robocop. This deal comes just a couple of weeks after their deal with Paramount Pictures for 500 movies.
MGM and Paramount are two of the five major film studios with which Google has partnered, leaving only 20th Century Fox, a subsidiary of Rupert Murdoch’s News Corporation, as the lone hold out. Murdoch has had issues with Google’s hands-off approach to blocking links to pirated content via its search engine, so a deal doesn’t seem likely until one side changes position.
source: youtube global blog