LG has a new network Blu-ray player called the BD300 that will be on store shelves this fall across the country. The player claims to be the world's first Blu-ray player that can stream movies and TV programs from Netflix instantly.

The BD300 will be available next month at Best Buy, Circuit City and other retailers for $399.95. The player will upscale standard DVDs to 1080p and supports BD Live and more. USB media plus is supported along with LG SimpLink.

"At LG we considered what, when and how consumers want to watch movies and television episodes. The result is the ultimate convergence of home theater entertainment and functionality," said Allan Jason, vice president of sales and marketing for Digital Media/New Products Division at LG Electronics USA. "With intelligent features and access to an ever-growing library of movie and television titles, the BD300 is the next step in a truly personalized entertainment experience."

Via LG Electronics