Sep 19, 2011

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Netflix Adding Video Game Rental Service

Netflix Adding Video Game Rental Service

Late last night Netflix CEO and co-founder Reed Hastings, sent out an email to all Netflix subscribers apologizing for the rate increase and at the same time announcing Qwikster. Qwikster is now the name of the mail DVD service and will now be separate from Netflix. Along with this announcement came the news that they will be offering a video game renting service.

“One improvement we will make at launch is to add a video games upgrade option, similar to our upgrade option for Blu-ray, for those who want to rent Wii, PS3 and Xbox 360 games. Members have been asking for video games for many years, but now that DVD by mail has its own team, we are finally getting it done.”- Reed Hastings.

Along with the name change and video game rentals comes a new website which is up, but as of now it only displays a welcome page. The video game rental service will act as an upgrade option so you will have to pay more, but no word on how much more it will cost. If you subscribe to Netflix instant streaming and mail DVDs, you will have to use both sites to manage the your queues and you will see separate payments on your credit card bill, one from Netflix the other from Qwikster.

There are still very little details on the video game service but we will hear more in a few weeks when is fully operational. Hopefully their video game rental service will get off to a good start, it will be nice to have some competition for Gamefly.

[Source: Netflix Email]