San Francisco 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 been looking for quite some time to extend its Internet movie-delivery feature—which lets subscribers play back about 6,000 films and TV episodes on PCs—to the television.
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 charge. 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.