Sony today announced that on-demand movie service VUDU will launch on PlayStation Network in the United States with an application that allows for High Definition (HD) and Dolby Digital Plus 5.1 surround sound streaming to the PlayStation 3 system. VUDU delivers a library of movies to the PS3 system in true 1080p HD format. When the VUDU application launches on November 23, 2010, the PS3 system will be the first and only system with dedicated gaming functionality to offer this service.

Using the VUDU streaming movie service, PS3 owners will be able to instantly access more than 4,000 HD movies from all major Hollywood studios on-demand, including new releases available the same day they are released to DVD or Blu-ray Disc. The movie titles will be available for $2 for a two night rental.

Users that have a free PlayStation Network account can download the VUDU application in the "Media" category on PlayStation Store and then access it under the "Video" icon on the XMB (XrossMediaBar) menu. New VUDU customers receive a $5.99 credit, enabling them to watch their first HD movie on the service for free.