LG Electronics has announced that their new network Blu-ray players will support YouTube and CinemaNow in addition to Netflix streaming capability that already available on LG BD300, aiming to offer users unparalleled access to streaming entertainment from CinemaNow, YouTube as well as Netflix.

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“As millions of U.S. consumers view and download movies or TV shows through the Internet, they are demanding easier ways to access content and more home entertainment options,” said Tim Alessi, director of product development, LG Electronics USA. “From Blu-ray to instant streaming from Netflix to CinemaNow and YouTube, LG is bridging the gap between packaged media and video-on-demand services to provide entertainment solutions for consumers’ demand for content. With these new alliances, LG continues its innovation leadership by allowing consumers easy access to multiple entertainment options in one device.”

According to LG, “CinemaNow – an innovator in digital entertainment technology, delivering high-quality movies, TV shows and videos to users through online connectivity – and YouTube – a leading online video community for people to discover, watch, and share originally created videos – will be available in LG’s 2009 line of Network Blu-ray Disc players to be unveiled next week at the 2009 International CES.”

“We are extremely pleased to be providing CinemaNow premium content services to these innovative new products from LG Electronics that are helping to drive convenient consumer access to digital entertainment at home,” said Mark Ely, executive vice president of strategy, Sonic Solutions, parent company of CinemaNow.

Streaming media from YouTube and CinemaNow is expected to be available on new line of LG Network Blu-ray Disc Players in the first half of 2009.