Alongside the Nexus 7 and Android 4.3 Jelly Bean, Google announced today at its press event in New York City the release of a brand new innovation. Chromecast is Google’s new gadget that allows users the ability to send and stream entertainment from any existing smartphone, tablet, or laptop to their respective television. For $35, the hookup is compatible with not only Android but also iOS.

So how does it work? It’s as simple as pressing a button. Literally. Chromecast is billed on Google Play as “Send your favorites from Google Play, YouTube, Netflix, and Chrome to your TV with the press of a button.” Using the cloud, Google streams the user’s favorite movies, television shows, music, and more directly from the aforementioned sites right to your television or mobile device, or both at the exact same time. “No more huddling around small screens and tiny speakers. Chromecast automatically updates to work with a growing number of apps.”

One of the more convenient features is that Chromecast only streams the entertainment from one device to another, not other tabs or windows. For example, if one were to stream a movie from their Android smartphone to their television then browse the web on their handset at the same time, only the movie would appear on the TV despite an internet browser being open simultaneously on the Android device.

Chromecast also works for streaming photos and slideshows for those who want to view their most prized pictures on a bigger screen instead of a minuscule hand-held gadget.

As if those features weren’t incentive enough to put down an affordable $35, Google is offering 3 months of Netflix included with the purchase. After your Chromecast ships, you’ll receive an email with your promotional code and get hooked up with Netflix.

Google Chromecast is expected to ship by August 7 so be sure to put in your order. In the meantime, let us know what you think about Chromecast and whether or not Google’s latest innovation will be a smash hit.