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"Game Over," says Netflix

Game Over
Game Over
Robert Galbraith

Eager to consolidate all of your entertainment media into one cohesive account? Hoping that one universal account would be Netflix? You might have to put that idea on pause.

During a fairly optimistic earnings report, Netflix confirmed having re-gained 600,000 of 800,000 customers it had lost during its previous quarter. They also announced that their plans for entering the game-rental market have now been put on hold -- perhaps indefinitely -- due to strong competion among its industry peers; namely, Blockbuster Online, Redbox, and, of course, Gamefly.

Clearly, the industry is moving in a different direction -- especially if OnLive has anything to say about it.