No subscription fees for the Chromecast, also the Chromecast is not locked down tighter than a fruit flies... ahem... Google has opened up the support for it, so look for a whole lot more apps to use it in the future. Probably the best $35 I have ever spent.
I can play anything from my Phone/Computer Media Server directly to my TV. I have all my movies stored digitally and have an app that can access them and cast them. You can stream netflix/youtube from your phone to your TV. Also, if you have the Chrome browser on your computer, you can cast that browser window directly to the TV.
Basically what I use mine for is Netflix, Youtube, Avia (Media Server Browser), Google Play Movies directly to my TV, and the odd item from my Computer Browser to the TV.
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