Rumored before, the cooperation between Netflix and LG is going to be official in September. LG’s Blu-Ray disc player, the BD300 will be streaming Netflix movies in the US. More than 12,000 TV shows and movies will be available through it at no additional costs on monthly Netflix subscription.

You will be able to select movies and add them in queue from your TV. They will start playing in about 30 seconds. What else do you need? Where’s the popcorn? Oh, and the LG Blu-Ray will retail for up to $500 and it will also support BD Live, LG SimpLink for LG TV and AV products.