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PS3Blog.net | October 29, 2020

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UPDATE: Netflix Streaming on PS3 Confirmed!

According to This Article, Netflix has recently announced a deal that is taking place, with the article stating:

The latest buying spree was spurred by the growth potential of Netflix’s supplemental service for streaming video over high-speed Internet connections. Netflix stirred the excitement late Thursday by revealing the streaming service will soon be available through a device already owned by a large number of consumers.

This announcement shot their stocks up to around $57.50 a share (but later backed down to around $54, but it closed the day higher than it had opened). Since the 360 gained Netflix support, subscriptions for Netflix had risen by 2.4 million (with the end of the third quarter showing 11.1 million total subscribers).

With this deal, Netflix had said they expect between 900,000 to 1.2 million more subscribers by the end of the 4th quarter 2009. Could this be support for the long-awaited Netflix streaming on the PS3? The Associated Press said it was almost certain to be one of the two remaining consoles, either the Wii or the PS3. My money is on the PS3, especially since Sony owns a large number of movies to begin with. Not to mention, it’s far more capable.

And as a side note, Netflix will be bringing the service overseas as well. I’m not sure if that’s for the streaming service, the disc-based service, or the hybrid service (both streaming and disc), but it is nice to see them spreading out like that. At least with the streaming service, for a low monthly fee, you can stream movies from their huge library of titles (though, more recent movies might not make it on right away, but more and more of those are available soon after release anyway, especially on the Starz portion of the service). I, myself, am a big fan of the service, especially since the turnaround on the mail rental service is only about a day (2 max) and the large number of TV shows and movies you can stream.

I would assume this Netflix support could pop up along the rumored PS3 update that is supposed to come next month (along side the cross-game chat tons of folks seem to want). If you aren’t a subscriber already, would this be incentive enough to become one?[RSSImport display=”5″ feedurl=”http://feedurl.com/” before_desc=”
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    UPDATE
    IT’S BEEN CONFIRMED! Jack Tretton, CEO of SCEA, has officially confirmed Netflix streaming will be made available for the PS3 starting next month. From IGN:

    The PlayStation 3 system has always been about more than just gaming, and it will soon be the only platform in the industry to offer consumers such a variety of convenient options for enjoying movies and TV shows. Whether you want to watch content on Blu-ray disc and DVD, download it from the PlayStation Network’s video delivery service, or stream videos instantly from Netflix, the PS3 system is the only solution that offers it all.

    Plans for Netflix start at $8.99 a month, and in order to use the service on the PS3, you’ll have to get the free Blu-Ray disc (which should only be a one time deal) that:

    …leverages Blu-ray’s BD-Liveā„¢ technology to access the Internet and activate the Netflix user interface on the PS3 system, which must be online via Wi-Fi or Ethernet.

    In other words, you’ll have to use the disc initially to be able to stream the content. As to whether that means for just software installation or for whenever you want to use the service, I don’t know (though, I’d say for whenever you want to use it). In any case, it sounds like if it’s the latter, there will be a dedicated program available, like Home, that you can access directly from the XMB in the near future. That would probably come with the rumored PS3 update, so use of the disc probably won’t be around for long before it goes fully digital. And as Reed Hastings, CEO of Netflix, said:

    As a leading game console and Blu-ray disc player, bringing Netflix to the PS3 system is a real win for both Netflix members and PS3 system owners.

    If you’re a Netflix subscriber, you can pre-order the Streaming Disc HERE. When they become available, they’ll ship them out and will be in the mail usually within 1 business day. This is awesome news and I’m glad it became a reality! It’s just unfortunate that, for the time being, you’ll need to use a disc, but at least that’s not how it will always be!

    View the entire press release here.

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