Streaming videos through a receiver

I’m considering getting a Western Digital My Book Live 2 TB Home Network Attached Storage Drive for my Windows 7 64 system to store our videos and would like to know if it’ll be possible to stream video from the My Book Live through the Samsung BD-C5900. I have the 5900 connected (via HDMI) to our Denon AV receiver which is connected to a Samsung 8000 LED TV. My hope is to play our stored videos through the receiver (for 5.1 audio), and that’ll be possible if I connect the My Book via ethernet to the BD-C5900. Thanks, any advice is appreciated.

If it is DLNA certified then it should work.