Reuters top ten news stories delivered to your inbox each day.
You are here:
Business & Finance
The Great Debate
Do More With Reuters
You Witness News
Make Reuters My Homepage
Support (Customer Zone)
About Thomson Reuters
LG, Netflix to launch TVs with instant movie viewing
Mon Jan 5, 2009 12:02am EST
Email | Print |
| Reprints | Single Page
By Anupreeta Das
SAN FRANCISCO (Reuters) - Netflix and LG Electronics said on Sunday that LG will soon introduce TV sets that can screen Netflix movies directly from the Web without an external box.
Last year, the U.S. DVD rental company and the Korean electronics giant launched set-top boxes and Blu-ray DVD players equipped with the same Netflix software.
Netflix, which is seeking to equip all home-entertainment screens with instant movie-viewing capability, also announced other partnerships, including one with Microsoft's Xbox 360 to embed the movie software in its game consoles.
Netflix subscribers who buy one of these devices can hook it up to their TVs to watch movies that can be downloaded from the Internet instantly, as part of their monthly rental plan.
Subscribers can choose from about 12,000 movie titles and television episodes for instant viewing -- an option the company introduced in 2007. Netflix's entire library consists of more than 100,000 titles.
The new high-definition LG televisions, which will be on view at the Consumer Electronics Show in Las Vegas this week, are targeted at those Netflix customers who want the convenience of Internet-to-TV movies without the clutter of a set-top box or an additional DVD player.
Some people "do not like to be encumbered with a rack of boxes around the TV," Netflix spokesman Steve Swasey said.
Swasey added Netflix is working on similar partnerships with other gadget makers, but declined to mention names. "The goal for Netflix is to be ubiquitous ... (on) whatever device connects Internet to the TV."
But the Los Gatos, California-based company, whose trademark red envelopes are shipped to nearly 9 million subscribers, has no immediate plans to tie up with mobile phone companies, Swasey said, despite the growing popularity of smart phones like Apple's iPhone and Research in Motion's BlackBerry.
"There's a limited market for people who want to watch a 2 1/2-hour movie on a 2-inch screen," he said.
LG aims to begin selling the Netflix-enabled LG TVs this spring, said Tim Alessi, LG Electronics USA's director of product development.
These televisions, which use broadband Internet technology, will be available in four models -- LCDs with 42-inch and 47-inch screens, and plasma TVs with 50-inch and 60-inch screens, he said.
Alessi did not disclose a price for these new TVs, but said the company would charge a "small premium" over the typical cost of similar high-definition televisions.
On average, these TV sets cost about $1,000 at a store like Wal-Mart.
"The main point is to add a lot of value for the consumer," he said, adding that they were encouraged by sales of the Netflix-ready set-top boxes and Blu-ray DVD players. Continued...
View article on single page
Beatles to zombies, videogamers set for varied 2009
Also on Reuters
China's youth get thrifty in gloomy economy
Vegas gadget show shrinks as shoppers scale back
Video: Hot competition at Russian ice festival
More Technology News
Vegas gadget show gets smaller
Beatles to zombies, videogamers set for varied 2009
Samsung mulls slashing 2009 chip investment: report
Microsoft blames leap year for Zune glitch
Nokia CEO to favor profit over sales targets: report
More Technology News...
A selection of our best photos from the past 24 hours Slideshow
Most Popular on Reuters
Franken to be declared Senate victor in Minnesota
Israel presses on with Gaza attack | Video
Obama seeks $310 billion in tax cuts
"What are you doing here?": man asks wife at brothel
Travolta "heartbroken" over son's death
Obama transition hits bump as Richardson withdraws
Regulators probed Madoff eight times over 16 years: report
TOPWRAP 1-Obama seeks $310 bln in tax cuts; deflation looms
Happy New Year? Not for credit card companies
India says hands over Mumbai evidence to Pakistan
Most Popular Articles RSS Feed
Israeli troops enter Gaza
Western hostages freed in Somalia
Gaza assaults spark global backlash
Protestor shot dead in the West Bank
Israel battles Hamas in Gaza strip
Gaza attack no suprise to settlers
Baghdad bomb kills Pilgrims
Israel denies humanitarian crisis
Hamas commander dies
Mourners bid Suzman farewell
Most Popular Videos RSS Feed
Holiday Gift Guide
Gift ideas & reviews for this holiday season. Full Coverage
The global destination for corporate leaders, deal-makers and innovators
Knowledge to Act
Help and Contact Us |
Advertise With Us |
Interactive TV |
Reuters in Second Life |
Site Index |
Thomson Reuters Corporate:
Professional Products |
Professional Products Support |
About Thomson Reuters |
Latin America |
United Kingdom |
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.