1/3/2008

Online DVD-rental service Netflix says it has teamed with LG Electronics to launch a new device that will allow viewers to download movies from the Internet and watch them directly on their TV sets. Netflix CEO Reed Hastings said the company hoped to integrate its services with a host of Web-enabled electronic devices. Telecom, cable and satellite companies are all looking for new ways to deliver unlimited digital media to their subscribers via the television set.

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