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Netflix to Stream Content to PlayStation 3

After tying up a deal with Microsoft's XBox 360 more than a year ago, Netflix has brokered a second major distribution deal with a major videogame console: Sony's PlayStation 3, VARIETY reports.

After tying up a deal with Microsoft's XBox 360 more than a year ago, Netflix has brokered a second major distribution deal with a major videogame console: Sony's PlayStation 3, VARIETY reports.

With this latest move, Netflix now has two of the top three videogame console makers on board with its digital streaming service. More than 9 million PS3 owners in the United States will gain access to Netflix content starting next month.

And with Sony having recently dropped the price of its top-tier console to $299, Netflix is hoping that number will grow and bolster it's position in the home entertainment space.

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