Traditional movie renting is on the decline, and video streaming picks up more steam everyday. Yesterday Blockbuster filed for Chapter 11 bankruptcy, the latest video rental chain in recent years to feel the pressure of the digital age. In the wake of the announcement, Netflix’s stock has soared, and today it Netflix announced it’s adding more content to it’s digital streaming library, furthering itself as the future for rented entertainment content.

With a new agreement with NBC Universal, Netflix will bring more of the conglomerate’s library to Netflix streaming than ever before. All past seasons of “The Office, 30 Rock, and Friday Night Lights” will remain on the service, while “Battlestar Galactica, Psych, and Saturday Night Live” will make their debut on the service.

Yesterday, rumors began to circulate the web that soon Netflix will introduce a streaming-only subscription plan. Currently, customers must subscribe to a plan tied to DVD deliver, starting at 8.99 a month, so the digital transition may be complete sooner than people think.

Even as one of the few remaining Blockbuster video stores in Boston goes kaput, the company is maneuvering to try and remain a household name.

Blue Blockbuster Express kiosks will be open in more than 100 Tedeschi Food Shops by the end of the month, with kiosks planned in all 188 stores in New England by the end of the year.

It’s amazing that these little kiosks do so well. Redbox kiosks, a common sight at Stop & Shop stores, combined with the mega-popular Netflix service are literally erasing video rental stores from existence. That’s to say nothing for iTunes, illegal downloading, On Demand television and DVR service.

The kiosks will hold a whopping 900 DVDs, ranging from classics to brand new titles. All you do is swipe a credit card. Just like Redbox, it’s a dollar a night.

Blockbuster and Sonic Solutions have joined forces to make a convenient, digital movie service for consumers to use at home and on the go.

The companies’ alliance would offer subscribers to access Blockbuster’s digital library through their electronic and mobile devices from the comfort of their own home or mobile phone.

So now, when you want to rent a movie, game, or anything from Blockbuster, you can access their database of entertainment through your computer, cell phone, Blu-ray disk players and web-connected televisions, among other things.

The partnership marks one of the most expansive video on demand and electronic sell-through choices in the market because of the library provided by the Blockbuster brand. Basically, the world of entertainment will soon be at your fingertips. No more waiting for On Demand to change this month’s movie listings, or going to the video store. Virtually anything and everything will be available for you anytime, anywhere.