Panasonic has announced their latest Blu-ray Disc player, the DMP-BD50. The player features support for the Dolby TrueHD and DTS-HD Master Audio formats, Picture-in-Picture playback and the new BD-Live function. With BD-Live, consumers can use the DMP-BD50 to connect to the internet and download additional content.
Panasonic Corporation of North America, the principal U.S. subsidiary of Matsushita Electric Industrial Co., Ltd. (NYSE:MC), today introduced the DMP-BD50, Panasonic’s latest Blu-ray disc player - the ultimate playback source for high definition 1080p content. Blu-ray media offers a wide range of functions that foster the transition to HD - including 1080p image quality, lossless Dolby TrueHD and DTS-HD Master Audio and versatile Picture-in-Picture applications. The BD50 adds the new BD-Live function, which uses the internet to further enhance the consumer’s entertainment experience and employs VIERA Link, a technology that allows the consumer to operate VIERA Link equipped home theater components with a single remote.

BD-Live opens up a myriad of interactive possibilities for the consumer. In the future BD-Live will allow users to connect the DMP-BD50 to the internet to download such data as images and subtitles, and to join in multi-player interactive games that are linked to bonus movie content contained on Blu-ray discs.
No word yet on pricing or availability. As we find out more, we'll let you know. In the mean time, Panasonic's entire press release can be found here.