Saturday, August 2, 2008

LG partners with Netflix to deliver movies online

Convergence of Internet, Television and Computers is slowly happenming with companies like LG Electronics Device To Deliver Movies Online. South Korea's LG Electronics Inc. will soon offer a device that plays high definition Blu-ray movies along with video streamed over the Internet from Netflix Inc., the latest move by Netflix to deliver movie rentals online rather than through the mail.

The new product, dubbed the LG BD300 Network Blu-ray Disc Player, will go on sale in the U.S. in September for "well under $500," The LG product is part of a wave of electronics devices from Apple Inc., Microsoft Corp. and others enabling video delivered over the Internet to make the leap to televisions from personal computers. The growing online availability of TV shows, movies and other mainstream programming could eventually pose a challenge to more traditional delivery of television through cable and satellite.

Source: WSJ

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