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Best Buy To Launch Online Movie Service

Best Buy said today it is partnering with online video provider CinemaNow to create a movie download service that would be built into most of the electronic devices it sells that can be connected to the Internet. Best Buy said it has entered into a multi-year agreement to license Sonic Solutions' Roxio CinemaNow technology. Under terms of the agreement, Best Buy acquired warrants enabling it to purchase shares of Sonic Solutions common stock.

Coming Attraction: Netflix on your PS3

This question is for all you PS3 owners out there: How would you like to watch a movie streamed directly from Netflix via your PS3? Well, starting next month... you'll be able to do just that. Will you stream movies to your PS3 from Netflix? Let us know.

Netflix Announces Contest Winner...Finally

Update: Nefflix officially announced the winner of the first contents today, and the beginning of the second contest. The winner of the first one is a team of engineers, statisticians and researchers.  Read the release here.

Netflix Now Streaming ABC Shows

Netflix announced today an agreement with Disney-ABC Television Group to stream a number of the broadcasters TV shows. Netflix will now begin streaming the first five seasons of "Lost," seasons four and five of "Desperate Housewives," season five of "Grey's Anatomy," and seasons one and two of "Legend of the Seeker." Many of the episodes, including the first four seasons of "Lost" are now available on Netflix. The rest will be available in the coming months, beginning in September.

Netflix Prize Contest Closes After Nearly 3 Years

If you follow Netflix news at all, you probably know that the company has had a contest in place for nearly three years. The prize was a million dollars, and the point of the contest was to see who could improve upon the site's recommendation algorithm by 10%.

Blockbuster Gets Ready to Test Online Game Rental

As Blockbuster.com continues its struggle to compete with the much more popular Netflix movie rental service, the company is starting an online video game rental offering to compliment its movie offering. This was announced a while back, but today's announcement puts a date to its launch - June 30. It will start in Cleveland, but is planned to go nationwide by the end of the year. The Cleveland pilot test will be open to all Blockbuster Total Access and Blockbuster By Mail subscribers.

Netflix Opens Application Gallery

Late last year, Netflix opened up its API to developers. There have been a number of applications set up to allow for various Netflix integrations. These include mobile apps, Netflix for Facebook Connect, and others. They can now be viewed at the new Netflix App Gallery.

GameFly Files Complaint Against USPS

Rent-by-mail video game company Gamefly has filed a complaint against the United States Postal Service alleging improper handling of mail and preferential treatment of larger competitors Netflix and Blockbuster.

Netflix Now Streaming South Park And Nickelodeon Shows

Netflix has announced it will be offering programming from Viacom's MTV Networks and Comedy Central via its streaming service. The first nine seasons of  "South Park" featuring 139 episodes are now available to be instantly streamed from Netflix.

Netflix Reaches Big Milestone

Popular Internet movie rental company Netflix has reached a milestone. It has shipped its 2 billionth movie. Perhaps more interesting is how much more quickly it shipped its second billion than its first.