Netflix, LG in HDTV venture
The home movie service to offer instantly streamed movies on new set.
NEW†YORK†(CNNMoney.com) -- LG Electronics said Monday it will market a high-definition television set that will instantly stream movies from the video rental service Netflix.
The two companies said the new set will stream HD movies and television shows directly from Netflix without an external device.
The new model will be on display this week at the Consumer Electronics Show in Las Vegas.
Shares of Netflix rose 2% in early Monday trading.
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