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As announced last week, Full Length movies from CBS and MGM will soon debut on Youtube, according to NY Times. The agreement is due to be announced today and will enable Youtube to stream ad supported episodes of American Gladiators and full length movies like Bulletproof Monk and The Magnificent Seven. Although the content is not compelling at the moment, but it is definitely a big breakthrough. MGM will also work with Youtube to keep MGM’s copy right infringing videos online, but ad supported and shared.