Netflix plans to offer video download service via PS3, Xbox 360

Netflix plans to offer video download service via PS3, Xbox 360 - Image 1Online rental service Netflix recently had its Q3 2007 Earnings Call and the most exciting bit we got from the transcript of said meeting is the company’s plan to deliver videos to its subscribers through Internet-connected HD-DVD and Blu-ray devices.

This service will of course include both Microsoft‘s Xbox 360 and Sony‘s PlayStation 3. Netflix President, CEO, and Board Chairman Reed Hastings said that one of their primary goals is to give users access to online movies for the lowest price possible. He explained further:

In terms of enabling the viewing of online content on the television screen, we are exploring a variety of options, including Internet-connected, high-definition DVD players, Internet-connected game consoles, and dedicated Internet set tops, with a variety of partners, trying to understand the best ways to provide inexpensive viewing of online content on the television.

As much as this is a good and exciting proposition from Netflix, we have to keep in mind that Microsoft and Sony are already offering videos on Xbox Live Marketplace and PlayStation Network. Microsoft’s online service even has a feature for downloading full movies.

We are quite uncertain if the two gaming giants are willing to collaborate with this endeavor.

Via Seeking Alpha

Netflix plans to offer video download service via PS3, Xbox 360 - Image 1Online rental service Netflix recently had its Q3 2007 Earnings Call and the most exciting bit we got from the transcript of said meeting is the company’s plan to deliver videos to its subscribers through Internet-connected HD-DVD and Blu-ray devices.

This service will of course include both Microsoft‘s Xbox 360 and Sony‘s PlayStation 3. Netflix President, CEO, and Board Chairman Reed Hastings said that one of their primary goals is to give users access to online movies for the lowest price possible. He explained further:

In terms of enabling the viewing of online content on the television screen, we are exploring a variety of options, including Internet-connected, high-definition DVD players, Internet-connected game consoles, and dedicated Internet set tops, with a variety of partners, trying to understand the best ways to provide inexpensive viewing of online content on the television.

As much as this is a good and exciting proposition from Netflix, we have to keep in mind that Microsoft and Sony are already offering videos on Xbox Live Marketplace and PlayStation Network. Microsoft’s online service even has a feature for downloading full movies.

We are quite uncertain if the two gaming giants are willing to collaborate with this endeavor.

Via Seeking Alpha

Add a Comment

Your email address will not be published. Required fields are marked *