If you ask any red-blooded male (or hell, blue-blooded too) what their favorite movie is, I bet you anyone with half a brain will say The Godfather. Amazingly, Francis Ford Coppola's entire masterpiece is now on YouTube for free.
YouTube might currently be chock full of unauthorized movies, but now they've struck a deal with major Hollywood studios to bring new, legal movies to their site as well. They've had a movie rental system in place since January, but the selection to this point has been largely of the never-heard-of-it variety. No word…
The Financial Times is reporting that Google is in talks with Hollywood studios to launch a global pay-per-view video service by the end of 2010. If it happens, YouTube will transform into a major player in streaming rental movies.