Best Buy is expected to launch an online movie streaming service, CinemaNow shortly. The service will take on the likes of Netflix, iTunes and Blockbuster and will offer a way for users to watch movies via internet over TV.
The service has been in the works since the latter part of 2009 and the price plans have just got clearer. Apparently, individual titles are expected to be available in the $2 to $4 range. The titles are expected to be made available on the same day as the Blu-Ray and DVD versions are released. Digital copies of new releases may be obtained at various levels of resolution up to 1080p for a price between $10 and $20.
Best Buy’s CinemaNow is built with Sonic Solutions and is expected to initially work on LG Blu-ray players before extending support to Samsung Blu-ray and HDTVs. Subsequently support shall be extended to all network-connected home entertainment systems.[via SlashGear]