Pachter: Netflix on PS3 provided 'significant' membership growth

by Andrew Yoon { Jan 28th 2010 at 6:00PM }

Netflix may not have a home on the PS3's XMB, but that hasn't hindered Netflix's success on Sony's console. Wedbush Morgan analyst Michael Pachter told Industry Gamers that "the recent PS3 partnership is driving significant subscriber growth" to Netflix's subscription services. Netflix will likely benefit even further when the service becomes a standalone app on the OS. Pachter reiterated that the Netflix disc will no longer be necessary by the end of this year. "Netflix's exclusive relationship with Microsoft on the Xbox 360 will end in November (after two years), allowing the service to be accessed via the PS3 dashboard later this year."

Twelve million members currently use Netflix, and the service is likely to expand even more once it transitions to the Wii. Sure, a smaller percentage of Wii owners are likely to be interested in the service, but with Wii's billion-strong user base, there's bound to be some traction.

http://www.joystiq.com/2010/01/28/pachter-netflix-on-ps3-provided-significant-membership-growth/

When a disc is not needed, which is the end of the year, I will most definitely be using Netflix! I wonder what the growth will be when it is available on the Wii.

Billion strong user base?

when they launch this in the UK (dream) i will use it lol

Rumours are that LoveFilm have done a deal with SCEE.

I seriously don't know why you would sign up for netflix because of console streaming. The selection is "meh" if you are getting it just for that. I got netflix because $17/month for unlimited blu-ray/dvd rentals/month is pretty dang sweet. The movie streaming to PC/Console is just a bonus.

im sure the wii has a billion users

You won't use it because a disc is required?  really??

Its worth it alone just for the TV series. Dexter season 1 and 2, some weeds, californication to name a few.

I thought it was shit too, but ive watched some great movies.

Following, Taxi Driver, Shawshank, theres a lot of good stand up not to mention so many documentaries.

Not to mention the new deal with WB includes clauses for increased property rights for more streaming. I was surprised since i went into it with everyone teling me there was shit to watch but ive found at least a movie a night to watch instantly which is amazing.

Well, the PSN is catching up....slowly