From Game Informer (via Forbes):
According to Wedbush analyst Michael Pachter, the entire service has “no prayer of working.”Pachter is never shy when it comes to giving his analysis in the video games industry. He's been destroying Nintendo and the Wii U nearly since launch, saying that the company should "get out of the Wii U business" and he doesn't "know why [Nintendo president Satoru] Iwata is still employed."
“PlayStation Now is a joke,” he said in the latest issue of Game Informer (via.) “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.
“This has no prayer of working. None.”
Of course, Pachter isn't always correct in his predictions (incorrectly predicted retail launch prices for Xbox One, PS4) and some takes are extremely predictable and too harsh (3DS will succeed while the Vita will die a slow death).
File this one under "too harsh." We don't know what Sony has up their sleeve. The focus is to open up a library of games on older platforms to breathe life into them. Pachter may not believe third-party companies will sign up, but publishers like 2K and Capcom have given their games away for free with the PlayStation Plus program. Surely other companies will jump in and get a cut of that monthly subscription.
The question everybody is pondering is whether something this big can work all the time. Netflix has done a tremendous job improving their servers and outputting countless movies and shows in crystal-clear high definition on a wide variety of platforms. But that's just streaming a movie while Sony has to fight numerous issues in a streamed video game.
If PS Now is still able to take off, Spmu could see that kind of success.
Image credit: Flickr
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