Thursday, June 21, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Xbox Won't Support VR
AT&T to Launch Wireless Plans Bundled With Video
NVIDIA CEO Springs Special Titan V GPUs on Elite AI Researchers
Samsung Details its 7nm EUV Technology
HDR10+ Technologies Unveil Licensing and Logo Certification Program
Samsung SDI Unveils New Residential ESS Module
Samsung Introduces 8TB SSD for Data Centers in NF1 Form Factor
Micron Had a Record Quarter in Terms of Revenue and Profitability
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Consumer Electronics > Netflix...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, January 03, 2008
Netflix, LG to Offer Movie Set-top Box


DVD rental company Netflix on Wednesday said it was developing a set-top box with LG Electronics to let subscribers watch movies streamed directly from the Web to their TVs.

Netflix, with about 7 million subscribers, has for quite some time said it was looking to extend its Internet movie delivery feature -- which lets subscribers play back about 6,000 films and TV episodes on PCs -- to the television.

The leader of online DVD rentals will be entering an increasingly crowded and confusing market when it rolls out the new device via an LG-networked player sometime in the second half of 2008.

Like Netflix's PC instant viewing feature, the online TV streaming feature would be included in all of its various price plans, generally ranging from $4.99 to about $16.99 a month, at no extra charges. About 90,000 titles are available through the Netflix online mail order service.

Pricing and other specific details of the LG product were not available, but a person with knowledge of the situation said LG would likely embed the receiver into its $799 dual-DVD player, which supports the competing Blu-ray and HD-DVD high-definition DVD formats. The promise of increased Web video viewing has lured many companies into the sector, including Vudu Inc, which offers a set-top box for $399 that lets consumers buy or rent movies from a selection of about 5,000 titles.

Apple now offers Apple TV, which has failed to gain significant traction, while TiVo is also letting users download TV shows and movies through a partnership with Amazon.com Inc . Wal-Mart Stores Inc late last month canceled its online video download service that enabled purchased videos to be played on PCs.

Various other video download services have also struggled, including CinemaNow and Vongo.

"Internet to the TV is a huge opportunity," said Netflix Chief Executive Reed Hastings. "We believe streaming is the way to go," he added. Another prominent name in the sector is Movielink, which was backed by several Hollywood studios for five years before eventually being sold last month to Netflix's key rival, U.S. movie rental chain Blockbuster.

Separately, LG also confirmed that this Sunday it was planning to unveil a wireless set-top box, which would let consumers place the box away from their TVs, and reduce clutter.


Previous
Next
New 20x Multi DVD Burner by Asus        All News        Hitachi Debuts 500GB Drive for Laptops
LG.Philips LCD Unveils its Newest LCDs for Public Displays at CES     Consumer Electronics News      Sharp and Toshiba to Form Alliance in LCD and Semiconductor Businesses

Get RSS feed Easy Print E-Mail this Message

Related News
Samsung and LG Eye Expansions into the Car Display Market
LG Q Stylus Smartphone Launching this Month
LG CINEBEAM 4K Laser Projector Retails for $3,000
LG's New AI Integrated G7 ThinQ Smartphone Now Available In The U.S.
LG XBOOM Go speakers Feature Meridian Audio's Tech
LG V35 THINQ Brings Faster Processor, Camera, AI Features and DTS:X
LG Display Develops AI Technology to Reduce VR Latency
LG Q7 Smartphone Comes With New Cameras, AI, Hi-Fi Audio, IP68 Rating and Fingerprint Sensor
LG Display Denies Google Investment Report
LG Officially Unveils G7 ThinQ With AI Features
LG G7 Smartphone to Come with Powerful Boombox Speaker
LG Electronics Operating Profit up in Q1 on Sales of Home Appliances and TVs

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .