Have a Toronto library card? You can now access thousands of movies on your computer, tablet or smartphone for free.

Hoopla, a Netflix-like service for libraries, will go live Monday morning, instantly unlocking an online vault of over 10,000 films and 250,000 music albums for library users.

Rumours of a Hoopla deal surfaced in January when the Toronto Public Library spoke of talks with the Ohio-based company, saying an agreement could be weeks away. The deal was recently made official and the service is now available online.

“More than 700,000 patrons throughout Toronto will now have access to the service to enjoy on-demand content from their smartphones, tablets, PCs and Apple TV,” said Passion Hemphill, a spokeswoman for Hoopla.

The library confirmed the Monday launch, saying it’s the latest step in modern digitization.

“E-content is our fastest area of growth, with customers borrowing more than 2 million ebooks, audiobooks and emagazines in 2013. We expect we’ll see even more growth this year with the introduction of online music and video,” said Vickery Bowles, the library’s director of collections management, in an emailed statement.

But don’t expect to binge-watch; Toronto library users are limited to five loans per month, with movies available for three days and albums for seven. Content is automatically “returned” at the end of the borrowing period, and unused loans don’t carry over to the following month.

The movie collection is exactly what you would expect to find in a library. There are documentaries (National Geographic’s Quest for the Phoenicians), fitness videos (Harley’s 5-Factor Workout), kids movies (Miley Cyrus in So Undercover), and an eclectic selection of classics (The Big Lebowski, The Neverending Story).

The music selection is mostly new Top 40, with albums by Drake, Lorde, Bastille, Katy Perry and Bruno Mars.

As for Hoopla’s collection of 10,000 audiobooks, the Toronto Public Library did not include them in the deal. Instead, library users can access audiobooks through the library’s existing suppliers, OverDrive and OneClick.

Hoopla is yet another future-focused initiative by the Toronto Public Library; 3D printers, green screens, video cameras and tablets were recently made available to cardholders at the Digital Innovation Hub, at the Toronto Reference Library.

In a January interview with the Star, Hoopla chief brand manager Michael Manon described movie streaming as “the next evolution for libraries” and thinks Hoopla will entice a younger generation to sign up for libraries.

“It provides a great deal of relevance to the millennial crowds,” Manon said.

He added that the cloud-based network helps free up shelf space for budget-strapped libraries.

However, the Toronto library has no immediate plans to get rid of hard-copy movies.

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“Demand for DVDs remains strong,” said library spokeswoman Ana-Maria Critchley. “We’ll monitor Hoopla’s impact and make adjustments as needed but we don’t have plans to reduce our existing collection.”

About 130 North American cities already offer the streaming service, including libraries in Hamilton, Guelph, Edmonton and Victoria.