Zediva (http://www.zediva.com/splash/) is providing a new way for people to watch the latest popular movies online. And it’s Mac compatible.

For about the price of a cup of coffee, Zediva users have the ability to instantly watch movies as soon as they become available on DVD. Now movie aficionados can watch many movies as much as 90-180 days (or more) before they could with some other movie rental services, and at prices as much as 60-80% lower than many satellite and cable providers, Venky Srinivasan, founder and CEO of Zediva.

As a special promotion, Zediva is offering all new users two free movies just for signing up before March 31(one offer per household, restrictions apply). Using technology two years in the making, Zediva enables customers to remotely rent a DVD and a DVD player located at Zediva’s Silicon Valley data center.

The rental DVD can be watched instantly on a wide range of Internet-connected devices, including TVs, laptops and smart phones with high-speed connections. The service works with Macs, PCs, Linux, Android tablets, smart phones and Google TV.

Users have full access to DVD controls to play, pause, rewind and fast-forward as if the player was sitting in their own living room. Zediva offers access to additional features like multiple languages, directors’ commentaries, subtitles and closed captioning.

You can sign up and rent movies right now from Zediva for US$1.99 each. Or, for a limited time, you can buy a 10-pack for $10.