Lord of the Rings to Stream on Netflix

Good news for subscribers of Netflix in UK and Ireland as the company has signed a deal with MGM to give them the rights to streaming rights to The Lord of the Rings trilogy and the two The Hobbit films. The rights include a lot of movies from MGM's huge movie libary. Click here for the press release, not sure when the older movies will become available. New movies will become available in streaming within a year after release.