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Netflix Movies Now Streaming on TV via Internet

January 5, 2008


After years of rumors, Netflix finally confirmed its plans for a set-top box which would allow customers to stream movies from the Web to their TV.

The Netflix LG Box-Set


Partnering with Korean giant LG Electronics, Netflix will likely embed the receiver into a dual-DVD player, which also supports HD-DVD high-definition DVD formats and competing Blu-ray. While the specific details and price were not yet disclosed, some speculate it will cost around $799.

The box-set is to roll out sometime in the second half of 2008.

LG also confirmed it’s planning on a wireless set-top box which would allow for customers to reduce clutter by keeping the box away from the TV.

Netflix’s Deal to Customers Stays the Same


The online TV streaming feature would be the same as the PC instant viewing feature and will be included in all of its various price plans which range from $4.99 to about $16.99 a month – at no extra charges.

The online library consists of over 6,000 movies and TV shows – all of which can be streamed to the TV.

Neflix also noted that they are exploring partnerships with makers of Internet-connected game consoles, cable and satellite companies.

The Competition Isn’t So Fierce


As more and more people are watching movies online, many companies joined the sector to cash in on the hype. For instance, Vudu offers a set-top box for $399 and allows for customers to buy or rent from a library of 5,000 titles.

Apple Inc also offers Apple TV and TiVo is also letting users download TV shows and movies through a partnership with Amazon.com Inc.

Late last month Wal-Mart Stores Inc canceled its online video download service and various other video download services have also struggled, including CinemaNow and Vongo.