Xbox Live Proving Excellent Resource For Netflix

January 27th, 2009 Posted in Analyst, Business, News, Xbox 360 by Will Prusik

Probably the only part of the NXE that was universally enjoyed was the possibility of streaming Netflix films from your queue for anyone with an Xbox Live Arcade Gold membership. Since the service launched in November people have been flocking to the flat-rate video rental service.

Redbush analyst Michael Pachter estimates that over eight million people are currently connecting to Xbox Live and figures that many of them are simply a few mouse clicks away from subscribing to Netflix. He places the number of Xbox subscribers who have signed up for Netflix at over 200,000 in the three months since the service launched and he expects another million to sign up in the next year, given the high install base and further expected sales for the console and Microsoft’s strong support of Xbox Live.

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