Roku introduces Streaming Stick for TV

Roku introduced the Streaming Stick, a first-ever USB-like device that can stream online movies and TV shows wirelessly, just like a standard set-top box media streaming device.

The Streaming Stick connects to a mobile high-Definition-link-(MHL)-enabled HDMI port on a TV. However, one drawback is that not all TVs’ HDMI ports have MHL capability. (Consumers who don’t have a TV that has MHL capability can stick with a standard set-top box to stream Netflix, Hulu or Pandora.)

The Streaming Stick will be available for purchase in Fall 2012, and the device’s price will be between $50 and $100.

Best Buy’s Insignia brand will offer the device on its TV models this fall.