Warner Bros is set to release five more movies on Facebook after it successfully released Batman: The Dark Knight via the social network earlier this month.

There are such huge volumes of people streaming or downloading video content straight from the Internet, it's about time the movie industry realized the potential of releasing films online, and what better platform to partner up with than Facebook.

According to Venture Beat, Facebook users in the US will soon be able to watch films by pressing a "watch now" icon which they can then pay for with Facebook Credits - Facebook's new social currency. They will then be able to "rent" the movie for up to 488 hours and are able to have full control during that time, pausing, rewinding and resuming when they like.

The movies that are being released include Harry Potter and the Chamber of Secrets, Inception and Yogi Bear.

Via Venture Beat.