NETFLIX HOPES TO ELIMINATE RED ENVELOPES

Netflix hopes eventually to be able to stream movies over the Internet directly to high-definition TV sets, the online video rental company said Wednesday as it announced its first partnership to do so with South Korean manufacturer LG Electronics. "We want to be integrated on every Internet-connected device, game system, high-definition DVD player and dedicated Internet set-top box," Netflix CEO Reed Hastings told the New York Times. "Eventually, as TVs have wireless connectivity built into them, we'll integrate right into the television." (See related item in television section.)

03/01/2008