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United States: Netflix to offer service through PS3.


Byline: Mamta03

Netflix Inc. will make its online video rental service available through Sony Corp. s Sony Corp.

Major Japanese manufacturer of consumer electronics. Founded by Ibuka Masaru and Morita Akio in 1946 as Tokyo Telecommunications Engineering Corp., it adopted its present name in 1958. It began by making voltmeters, sound generators, and similar devices.
 PlayStation 3 console, the second game device to tie in with the retailer.

The service, available with subscription packages starting at $8.99 a month, will start next month, Los Gatos Los Gatos (lôs gä`tōs, lŏs, găt`əs), city (1990 pop. 27,357), Santa Clara co., W Calif.; inc. 1887. It is an affluent residential community and health resort. , Calif.,-based Netflix said yesterday.

The pact ends Netflix s exclusive deal with Microsoft Corp. s Xbox Live See Xbox. . Netflix chief executive Reed Hastings Reed Hastings (Wilmot Reed Hastings, Jr.) was the founder of Pure Software and the founder of Netflix. He is currently Netflix's chief executive officer, president and chairman of the board, and serves on the Board of Directors for Microsoft Corp. , a member of Microsoft s board, has made streaming a priority for growth as more people look online for films and TV shows. Netflix, which delivers DVDs by mail, has over 11 million subscribers.

One difference from the Xbox service is that to stream movies, Netflix members will need to insert a special disc in to the PS3. The disc will be delivered free, Netflix said.

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Publication:TendersInfo
Date:Oct 28, 2009
Words:149
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