PlayStation Now Is A Joke, Says Analyst
Publishers just won't get into PlayStation Now... that's what Wedbush Morgan Securities analyst Michael Pachter is saying. Sony's streaming service for their consoles and portable devices will allow for game streaming from just about anywhere, but the Pach-Man isn't buying it.
Videogamer picked up the quotes from the March issue of Game Informer, where Pachter rolled out his thoughts like the contents of a high-quality sushi sandwich from Haru Sushi Cafe in LA, saying...
"PlayStation Now is a joke," ... "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.
The PS4 isn't natively backwards compatible with PS3 games. Anyone looking to cash in on the PS3's illustrious stash of games over the past eight years without buying a PS3, they will most definitely need some form of backwards compatibility for the PS4. Even if third-party publishers only release games two years or older, that's still good news for PS4 owners who will constantly have a growing library of games at their disposal via PlayStation Now.
I'll be the first to admit that I'm not a fan of that “all digital future” and I'm definitely not a fan of games being turned into services instead of being offered as standalone products, but as far as backwards compatibility goes for the PS4 running PS3 games, there just wasn't any other way to do it that was convenient for both Sony and the customer.
Pachter is also missing out on another facet of the PlayStation Now service: Legacy titles.
While it's still just rumor that there will be disc-based backwards compatibility for the PS4 running PSX and PS2 games, anyone who doesn't own the discs (or not keen on buying them from local or online shops) would at least still have the option of experiencing some games via PlayStation Now. Keep in mind that there are a ton of gamers who may have been too young to enjoy some of the awesome titles from the fifth generation of gaming, and opening up that floodgate to a whole new youth market is a wonderful thing.
I'll simply say that Pachter appears to be approaching this viewpoint in a rather shortsighted fashion. But then again, not every publisher is jumping on board either.
Videogamer is also noting that SCEA's marketing VP John Koller mentioned that...
"publishers are being exceedingly bullish"
Nevertheless, not one third-party publisher has announced a single game for the PlayStation Now service.
I don't know if publishers are pulling a Nintendo here, just want to be dickwads about the whole thing, or if they're just pissed that it's not available on the Xbox One?
Publishers have longed for a service-based model for providing game content, and offering a publisher's entire back catalog of games via streaming distribution would have seemed like every board member's financial wet dream come true. Of course, there is a licensing issue to deal with, such as music, branding, imagery, sounds or voice work... a hurdle that put a halt to GTA: Vice City's digital sales.
Regardless, any publisher with an opportunity to cash in on older PS3 titles either not being sold anymore or only available as used copies, would definitely benefit from PlayStation Now given that it cuts out the used game sales of PS3 titles, and offers PS4 customers a direct line to their titles while they also take a cut.
In the end, it doesn't really matter what the Pach-Man thinks about PlayStation Now, because the beta is already getting underway.
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