Tokyo – Sony movies are to be streamed via the Internet to its latest LCD sets, before their release onto DVD.

Hancock, starring Will Smith, will be the first movie streamed over the Internet to Sony’s LCD sets; service is anticipated in the US this Autumn.

The company also plans to spend US$17 billion over the next three years to develop a digital platform that will deliver media content to any Sony networked device, be it computer, mobile phone or personal media player. And Sony aims to have all its electronic products networked and WiFi enabled by 2011.

Although analysts have criticized Sony’s comparatively late entry into the flat-screen TV arena, the company is targeting high consumer markets such as India, China and Brazil, where group revenues are expected to double to US$18.5 billion in the next three years.

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