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PS1 - 3 games streamable to a variety of devices including PS4, Vita, but also TVs, smart phones, and tablets. Games will be limited at launch but The Last of Us will be there. 
Closed beta launching January 2014, full service rollout this summer. 

Full story via the PS Blog:

 

Today, at CES 2014 in Las Vegas, we announced that PlayStation Now (PS Now), our new streaming game service, will be available in the US this summer. With PlayStation Now, you will be able to stream popular hits and classic games from the PS3 library, first on PS4 and PS3 systems, followed by PS Vita.

In addition to PlayStation platforms, most 2014 US models of Sony’s BRAVIA TV lineup will support PS Now. Eventually the service will expand beyond PlayStation platforms and Sony devices, allowing you to stream PlayStation games across a broad range of Internet-connected devices.

Leveraging Gaikai’s advanced cloud-based technology, PlayStation Now will allow you to:

  • Play video games instantly across multiple devices, similar to the way you might stream TV, movies, and music.
  • Stream full games to all of your compatible PlayStation devices including PS4, PS3, and PlayStation Vita as well as non-PlayStation devices, beginning with 2014 BRAVIA TV models and expanding to numerous other Internet-connected devices.
  • Always play the most updated version of your game. With games hosted in the cloud, you can take your game with you – just log in with your Sony Entertainment Network account on a compatible device and your games and saved progress will be easily available.

We want to offer you choice when it comes to how you want to access content on PS Now, so you will be able to rent by title for specific games you are interested in. We’ll also offer a subscription that will enable you to explore a range of titles.

PS Now will begin a Beta program in the US at the end of January with an expected full roll-out in the US this summer. Be sure to check the PlayStation.Blog regularly for more updates on the PS Now service.

Edited by The Cowboy Poet
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Well the PS3 + PS4 are hooked up to my living room TV. So it wouldd be nice to stream PS3 games to my bedroom TV or basement TV. I guess eventually the PS3 can be moved to a secondary TV but I still have a huge backlog I'd like to playthrough on my main TV. Plus it'd be nice if I was streaming Persona 5 to my PS4 and my fiance comes in, grumbles about missing Glee, so I can save the game, and go stream it in the bedroom without having to move the console. I mean, yeah I can do that on Vita but sometimes it's nice to kick back and play something on TV.

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Right. I guess I just kind of assumed that the system implied booting the PS3 off of the main TV. Depending on the quantity of PS3 games available, there might be no point in keeping it on the same TV as the PS4. But, yeah, VitaTV would be a nice and cheap way to add an extra screen if you're in a big house with many people fighting over the TVs.

 

Seems like they announced and released VitaTV a bit too early, imho. This is way too good of a fit for it for that to not have been the plan all along.

 

edit:

 

Will stream to fucking phones and tablets, but not PCs? Fuck you, Sony.

Well, they still have consoles to sell. It sucks but having this on PC wouldn't be shooting themselves in the foot, they'd be shooting the foot clean off the leg.

Edited by FLD
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Eh, personally I've never gotten the appeal to streaming games. For rentals, it would be cool, but I wouldn't get my hopes up yet. If you truly utilize handheld gaming with the Vita, this does appear to be a great service as the Vita should be able to handle a vast library of older games. I'm more concerned about the execution of it. Media sources putting out the "no longer needing a PS3" rubs me in a very wrong way. I wouldn't go that far because this would still be a subscription/rental service, and who's to say what PS3 games will work 100% on your PS4.

 

Hesitant and skeptical is all, though if they include this service with PS+, I'd be happy. Highly doubtful of that as this seems it would be a new slew of costs and upkeep on Sony's end. I don't see myself excited if this would be a monthly subscription, but again this does offer rentals and that's something I feel that Sony and Microsoft have been capable of doing themselves for a while.

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who's to say what PS3 games will work 100% on your PS4.

You're not streaming the game code, you're streaming video of the game being run on some Sony servers somewhere, like how the Vita streams from the PS4.  As long as the game runs on Sony's servers it will also run on your PS4 or your Vita or your Sony TV or whatever device Sony decides to make a streaming client for.  You may run into latency/bandwidth issues, but there shouldn't be any compatibility issues.

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What would be an acceptable price to you guys?

My limit would be 50 bucks a year for ALL platforms. 

One person in the Destructoid comments suggested a Tier system. 

3 bucks for ps1 5 for ps2 8 for ps3 10 bucks for all...or something along those lines. 

wonder what they'd charge to rent a single game...

I'm really, really hoping they don't get too expensive with the rental costs...I really want to have access to ALL the games at a reasonably yearly cost. 

I highly fucking doubt we will get access to playstation NOW for free with plus. I don't see how they could afford to do that....

I could see them giving psplus members a free weekend here and now to entice us. but other wise...I expect it to be 50-60 bucks a year.

Edited by Vecha
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Yeah, I expect it to be quite a bit more expensive than most people seem to realize. The games library is gonna make or break this thing and, if they want a decent one, Sony will have to cut a ton of deals with third-parties. Think the kind of licensing deals Netflix has to deal with but probably way more expensive. That shit's gonna cost them a ton, there's no way you'll have access to this thing for less than 10 bucks a month, and even that low of a price would surprise the hell out of me.

 

Then again, running this thing at a loss would gain them a metric fuckton of good will from consumers. Suddenly they would have one hell of an exclusive over Microsoft. It could be the key for them to completely dominate this gen. I don't seriously believe this is their plan with this but man, just imagine...

Edited by FLD
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I was thinking $10/month too.

 

That's $120 a year, then you have $50 for PS+. I've already built up some PS+ and I'm sure most everyone here did during the Black Friday sale. So in the end you'd be paying quite a bit adding it all up, but a monthly approach makes it manageable. Doubt we might have any POS (Point of Sale) yearly plans as this has to be costing Sony more than the multiplayer for PS4, and such a high initial cost would put off users.

 

I'm sure the library will start out with just Sony classics, and over time we get more exclusives and possible third party titles. Thing is, even just the third party titles for download on PSN isn't that large, and that's excluding HD remakes. Maybe there will be more focus on obtaining rights though as this is something completely different. I mean, PS classics are great, but any diehard Sony fan probably has the majority of them and has kept the older systems to play them on.

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I suppose 10-15 bucks a month makes more sense when I think about it as a video game netflix type of deal. 

Man...I probably would still bite if it was that high...

Though...I'd probably wait until their selection was varied. Didn't think about all the licensing issues they would go though either. 

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There's no reason to run it at a loss given they would have nothing to gain elsewhere on it. Consumer goodwill doesn't keep the lights on at Sony HQ.

 

Given they've been running Playstation Plus for quite a while now the idea of "digital limited license games" shouldn't be too hard to sell to publishers. Heck they'd probably love the idea of us not even having the code anywhere near us. Gaikai already had the chats with many publishers already too so the groundwork is already there for licensing.

 

As for the pricing, expect it to be not too much more than PS Plus/Netflix since those are a price point people are roughly happy with. Certainly not $15/month. Given the wording the model seems to be similar to OnLive. You buy/rent specific titles, or a streaming service that's probably going to be closer to PS Plus in that it'll be a few titles at a time to play. There's nearly 4,000 PS2 games. Running even a quarter of that library all at once will take a fair amount of beastly power. So rolling libraries are likely to be the norm for a while.

 

Also if you don't believe this is part of this plan for domination this generation you must have missed the part where they splashed nearly $400m on buying Gaikai. That's not "yeah this'll be a fun little feature" money. Especially given infrastructure and further development on top of that (especially as Gaikai was built for PC games not PS1,PS2,PS3 and beyond).

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