Netflix in deal to bring movies to your TV

Cory Bergman January 2nd, 2008

Netflix is teaming with LG Electronics to market a device that would allow you to watch movies on your TV. Currently, Netflix subscribers who pay the standard rate of $17 a month can stream movies to their PCs, and sources tell the WSJ.com the same model will likely apply to the LG set-top device. The device is also rumored to play both Blu-ray and HD DVD discs. Netflix CEO Reed Hastings said he’s also exploring other hardware partnerships, which include video game consoles, to also offer the movie service. (WSJ sub. req.)