Plex Set to Launch TV, Movie Rentals in February

The streaming platform aims to become a one-stop shop for media content, with plans for a site redesign and social features addition this year.

Plex, the video streaming platform, is set to add movie and TV rentals to its services in February, following several delays due to technical issues and the Covid-19 pandemic.
The company, which currently offers a free ad-supported TV model and a premium subscription service, aims to become a one-stop shop for media content.
Plex has most studios lined up for the launch and plans to expand its catalog soon after the paid service debuts.
The company also plans to add social features and redesign its site this year.
The move comes as free ad-supported streaming (FAST) platforms are seeing increased popularity, with a 43% increase in public awareness since 2021.