Skip to main content
  1. Tech
  2. Games
  3. Consoles

Analyst: Sony’s streaming service PlayStation Now is a ‘joke’

See also

Just a day after the beta for Sony’s new video game streaming and rental service PlayStation Now launch, one analyst called the program a “joke,” according to a report today from VG 24/7.

In an interview in the latest issue of Game Informer, Wedbush Morgan analyst Michael Pachter said that the PS Now service, which will allow PS4, PS3 and PS Vita consoles to stream the PlayStation back catalog of games and potentially rent new releases, isn’t feasible when you factor in publisher’s needs.

“PlayStation Now is a joke,” Pachter said. “There is no publisher that is going to license content that’s less than two-years old because they would be concerned that they can’t sell as many copies if they make it available for subscription or rental.”

Because publishers will argue monthly streaming will hamper “per-unit” sales, Pachter argues that PS Now has “no prayer of working.”

“None,” Pachter said.

Sony announced the service during the 2014 International Consumer Electronics Show, which promptly saw reaction from the stock market as share values of video game retailer GameStop plummeted within hours of the news.

You can read that full Examiner report by clicking here.

The first footage of the PS Now beta had been posted to YouTube yesterday, but Sony quickly quashed any leaks, as uploading images or video of the new service is against the beta terms of service.

You can read that full Examiner report by clicking here.


Don't Miss

  • The Crew
    'The Crew' exclusive: New details on racing types, open-world, seamlessness and more
    Games Exclusive
  • Amazon Prime
    Find out how you can share your Amazon Prime membership benefits with others
    Tech Tips
  • DayZ
    How 'DayZ' may be in trouble from Sony's newly announced 'H1Z1'
    Games Feature
  • Facial recognition
    See how the FBI's facial recognition database is continuing to grow
  • Upcoming
    These are 2014's biggest PS4, Xbox One and Wii U games
    Games Feature
  • Selfie
    A new automated mirror will take selfies and post them to social media for you
    Tech News

User login

Log in
Sign in with your email and password. Or reset your password.
Write for us
Interested in becoming an Examiner and sharing your experience and passion? We're always looking for quality writers. Find out more about and apply today!