Netflix Coming To PS3

PRNewswire:
Sony Computer Entertainment America Inc. (SCEA) and Netflix, Inc. (Nasdaq: NFLX) today announced that they are joining forces to make thousands of movies and TV episodes from Netflix available to be streamed instantly to TVs via the PlayStation®3 (PS3(TM)) computer entertainment system. Netflix expects to begin streaming via the PS3 system next month at no additional cost to Netflix members in the United States who have a PS3 system.
Today's announcement pairs two of the most popular and fastest growing home entertainment brands in the U.S. The PS3 system's installed base has reached close to 9 million units in the United States, and Netflix recently reported 11.1 million U.S. subscribers as of September 30.
This will give PS3 one more positive feature; it's slick new Slim model paired with it's ability to play Blu-ray movies and new lower price strongly positions it against the Xbox 360 as a movie/game device. It has a long way to go to catch up to the 360, though. Xbox has had Netflix streaming for years now, a thriving online community, and a year headstart on PS3. This coupled with a much better game selection and lower price for entry level models has given 360 (30 million units sold) domination over the PS3 (25 million) in the game console marketplace. Both pale in comparison to Nintendo's Wii, however, with 53 million units sold.

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