Contentinople - Ryan Lawler - Netflix Gets Another Game Console

Written by Ryan Lawler

Tuesday, October 27. 2009 at 11:45 AM EDT Post a comment

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Netflix Inc. is expanding availability of its "Watch Instantly" streaming video service to Sony Corp. (NYSE: SNE)'s PlayStation 3 gaming console.

The news, announced on the PlayStation 3 blog yesterday, came just a few days after Netflix revised its subscription forecast for the fourth quarter on the company's third-quarter earnings call.

Citing the availability of the streaming service on a new consumer electronics device with a "significant install base," Netflix raised its full-year subscription forecast from a range of 11.6 million to 12 million to a range of 12 million to 12.3 million. Netflix had 11.1 million subscribers by the end of the third quarter.

To continue reading, see the full story on Cable Digital News.

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