Warner to stream movies on Facebook

Forget BlockBuster, Hulu and Netflix: Warner Bros. is planning to stream a variety of "rented" videos on Facebook.

That's right - members of the popular social networking site are now able to watch Batman: the Dark Knight on an official Facebook fan page. As expected, additional titles are slated to be added over the coming months.

Warner is the first Hollywood studio to offer movie titles directly through Facebook. If successful, the move will likely prompt a new brave new frontier of streaming video rentals powered by virtual currency such as Facebook Credits.

Linked to your credit card, Facebook Credits have long existed on the site for the purchase of apps or in-game goods.

However, this is the first time they are being used to facilitate video rentals, which will cost a cool 30 FB credits, or $3.

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