Nero

http://yahoo.reuters.com/stocks/Quot...5&symbol=DIS.N

NEW YORK/LOS ANGELES, Feb 14 (Reuters) - A video-on-demand movie service spun out of Walt Disney Co. will introduce the first online delivery service of high-definition films to U.S. homes on Tuesday.

With top Hollywood and Silicon Valley partners, Burbank-California based MovieBeam said it plans to offer first-run films from six of the seven film studios in standard digital-video format and high-definition films from Disney (DIS.N: Quote, Profile, Research) and Warner Bros. studios.

The video-on-demand service is aimed at heavy movie renters and initially will be offered in 29 U.S. cities, including New York, Chicago and Los Angeles, at prices competitive with renting the same movie at video retailer Blockbuster Inc. (BBI.N: Quote, Profile, Research).

"They appear to be ready to deliver true high-definition movies. That's a breakthrough," said Gerry Kaufhold analyst In-Stat/MDR.