Las Vegas - Consumer electronics firm Toshiba plans to introduce a TV set-top box that will be able to record up to six HD channels at the same time, as well as raise their apparent resolution, the Associated Press reported. The set-top, which will be powered by the same Cell processor used in Sony's PlayStation 3, will be sold along with a flat-panel LCD TV later this year in Japan for between $5,000 and $10,000, Scott Ramirez, VP of marketing for Toshiba America Consumer Products, told AP.

Englewood Cliffs, N.J. - Korea's LG Electronics on Monday announced that its new line of broadband-ready HDTVs will be able to instantly stream movies from online DVD rental service Netflix (NASD: NFLX). Expected to ship in the spring, the televisions will be able to access a broadband Internet connection directly, without the need for any external device.

Los Angeles - Digital cinema firm Cinedigm (NASD: CIDM) (formerly AccessIT) announced on Wednesday that it has partnered with Time Warner's (NYSE: TWX) Turner Sports and the NBA to broadcast TNT's coverage of "NBA All-Star Saturday Night" live in 3D HD to 80 digitally-equipped U.S. movie theaters in 35 states. Events like the slam dunk and three-point shooting contests will be screened in 3D HD on 160 screens in Carmike Cinemas, Celebration Cinemas, Cinema West, Emagine, Galaxy Theatres, Marquee Cinemas, MJR, NCG, Rave Motion Pictures, Showcase and UltraStar Cinema locations.