Google has officially announced movie rentals in the Android Market at its I/O conference yesterday. Yes, now you can rent movies from your Android device through the Android Market with a single click.

“Pinning” mirrors the experience with apps and books, you can select it on your PC and download to the device in the background for offline viewing. Movies are live in the market right now, support on all Android 2.2 or higher devices is expected “in a couple of weeks” and tablets will get support bundled with their upgrade to Android 3.1.

On the PC, it ties back to the recently expanded YouTube rental service with the same restrictions (30 days to watch, 24 hour window once you start watching) and pricing. HD movies are priced at about $4.99, which seemed more reasonable than previously though.

SOURCE via Android Movie Market