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Point Break Bu-rayNow this is a movie worth waiting for on Blu-ray. No crazy CGI, no fake wave footage like "Perfect Storm". Just a balls out action film that should look good in widescreen.

Blu-ray DiscBernstein ResearchBlu-ray Disc says Blu-ray players will be in approximately one percent of U.S. households at the end of this year, suggesting the high-def disc format will experience a boom over the next three years.

Netflix says it will eventually offer the option of online-only movie rentals, a reflection of the increasing number of people watching films streamed over the Web.

DVD sales may be falling through the floor, but DVD rentals look like they're actually headed in the opposite direction. Online DVD rental outfit Netflix announced this week that it had surpassed the 10 million subscriber milestone,

Netflix may have lost a few subscribers when they decided not to support the HD DVD format any longer, but they may be picking up more than a few subscribers when with their streaming service starts offering HD movies. A new set-top box promises high-definition titles streaming to your television.

Citing higher retail and wholesale prices, Netflix plans to implement a "modest monthly premium" for access to Blu-ray titles some time this year.

Netflix subscribers, if you've got an Xbox 360 and a Windows Vista PC, you don't have to shell out $99 for Roku's Netflix Player box to get your Watch Instantly library on your TV screen—you already have everything you need.

Netflix Inc.'s board has authorized the DVD rental and Internet streaming service to spend up to $175 million buying back its own stock. The move announced Monday is aimed at boosting the Los Gatos-based company's earnings per share.