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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 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.

Subscribers to the online movie rental service Netflix this afternoon found a not-entirely-unexpected message in their e-mail, informing them that HD DVD-based movie titles would not be available in one month's time.

Database upgrade malfunction or faulty computer hardware: Netflix chose the latter as the cause of a distribution meltdown Aug. 12 to 14 that cut off DVD shipments to one-third of its 8.4 million subscribers.

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 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.

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.