can i run a cat5 line directly from the blue ray player in my basement to

DVD players that offer Ethernet connections can always be hard-wired to the Ethernet output on your router. It will probably be more dependable than wireless if you are in the basement & the router is on the second floor of the house.
 
Depending on the player yes. If it is an LG or Samsung or any other player that has Netflix streaming a direct line will work.
 
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