LG Electronics has announced that they will release their next Blu-ray player this fall with the ability to stream Netflix movies over a network connection. The player -
LG BD300 - will be a BD-Live (Profile v2.0) player, allowing owners to not only watch BonusView material, but also, with an Internet connection, download extra content for Blu-ray titles.
Back in January, Netflix and LG initially announced that they had partnered together in order to build a Blu-ray player that could also be used to watch streaming Netflix films. These films, which are presented in standard definition, can be paused, forwarded, and rewound just like a normal DVD.
Once the Instant Watch film is added to a users que, it will become available on the BD300 for viewing. When selected, the film will start in as little as 30 seconds. Best of all, this service is free with any Netflix "unlimited" service (which start at $8.99/mo).
No other details have been announced, but the player will be unveiled tonight at LG's 2008 Summer Line Show tonight. When the player is released, it is expected to retail for under $500.