I would like to start a online movie rental business/on demand business. I want to know following questions.
1. As per some law it is ok for me to copy the dvd that I personally own. And I can lend my dvd to someone as long I own the orginal dvd. To explain, my questions let say I bought 5 DVDs of a movie called "Myhome". Now Legally if I understood I can make copies of these 5 DVDS because I own them. But I can only lend these dvd to 5 people at a time because I purchased 5 DVDs of MyHome.
Is this true?
I am thinking about starting an online movie rental business was wondering if this model will work.
I don't know what sort of license to purchase for this.