Wall Street Journal reports possible streaming with PlayStation 4

Ever since the rumors from Asahi Shimbun and the like surfaced over a week ago, rumors regarding Sony’s next-gen PlayStation console are running wild, building up hype for a rumored announcement on 20 February in New York. The newest rumor is in regard to a new feature: according to The Wall Street Journal, “Sony Corp. is planning to offer technology to stream games” in the Playstation 4 (Orbis).
The Wall Street Journal reported the new technology, rumored to be unveiled Wednesday along with the next-gen console, will allow gamers to play games over the internet, and that the streaming service is designed to use current PlayStation 3 titles. The new device is additionally expected to play games stored on optical discs.
Such a move on Sony’s part isn’t all that surprising – they took a massive risk not too long ago when they bought out streaming service Gaikai. With a $380 million price tag, there’s no doubt that Gaikai’s technology could be used for the rumored streaming services.
Streaming games to the Playstation 4, and maybe other Sony devices such as the Vita, would give gamers access to a slew of titles they never had to purchase outright. (If it works with all titles, try out Ar Tonelico Quoga. Please.) This leads numerous newsletters to suggest that Sony may have a game rental service, or perhaps a subscription service similar to Netflix or GameFly. At this point, everything we hear is speculation.