• New York Post, Friday, February 25, 2011 12:06 PM

Despite reports to the contrary, NYPost.com is reporting that YouTube is entertaining the idea of bringing a movie subscription service to Europe. "The search giant, which has been in talks with Hollywood studios for months, is looking to launch the streaming service first in Europe, in particular the UK, before expanding to the US," writes the NYP.

Such a move would put YouTube in direct competition with Amazon -- which just acquired UK streaming movie service LoveFilm -- and likely Netflix as well. Google has put aside $100 million for content deals with studios and other top content providers. The effort is being led by Google entertainment head Robert Kyncl. Aiding in its efforts, Google recently acquired WideVine, which specializing in digital rights management and secure services for streaming video.

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