By Melodie Warner 
 

Toys 'R' Us Inc. has launched a streaming, family-friendly video service as the toy retailer continues its efforts to spur future growth.

Starting Thursday, users will be able to stream content from ToysrusMovies.com on computers and devices enabled with Adobe Systems Inc.'s (ADBE) Flash technology.

The company plans to expand the service to additional web-enabled devices in the coming months, including Blu-ray players, televisions, and tablets. And a Toys 'R' Us Movies app will soon be available for Tabeo, the new Wi-Fi tablet being developed by Toys 'R' Us.

There is no subscription fee for the service, which features more than 4,000 titles and customizable parental controls. Movies start at $2.99 for a 24-hour rental and at $5.99 for a licensed digital-download or stream. Television shows start at 99 cents, with the majority priced at $1.99.

Toys 'R' Us Movies will be powered by Rovi Corp. (ROVI), an entertainment data and technology company that agreed in August month to license its patent portfolio to Google Inc.'s (GOOG) new Fiber Pay-TV service.

"At Toys 'R' Us, we continuously strive to bring exciting technologies and services to our customers and to extend the Toys 'R' Us brand into new areas," said Michael Scharff, senior vice president of new ventures. "With Toys 'R' Us Movies, we are able to leverage our valued relationships with leading digital and theatrical partners to provide great services and content we know families will love."

Last month, Toys 'R' Us unveiled plans to sell a proprietary tablet designed for children. The $149.99 Tabeo will be available only at Toys 'R' Us, so shoppers won't be able to try it out in a store and then buy it for less on a rival retailer's website. And on Tuesday, it launched a "Price Match Guarantee" on all items through Dec. 24 as the toy retailer looks to attract more shoppers this holiday season.

In addition to pressure from online-only retailers such as Amazon.com Inc., the toy merchant is facing stiff price competition on basic toys from Wal-Mart Stores Inc. (WMT) and Target Corp. (TGT).

Write to Melodie Warner at melodie.warner@dowjones.com

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