Pachter: PlayStation Now Is A Joke

PlayStation Now was a huge surprise when it hit CES 2014. The service is, essentially, what Sony has been utilizing Gaikai for; a way for players to stream older games as a form of backwards compatibility. It won over many journalists and critics at CES, but there is one person who remains unconvinced. Wedbush Morgan analyst, Michael Pachter thinks that the service is a joke and has no chance of survival.

“PlayStation Now is a joke,” Pachter said to Game Informer. “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.”

PlayStation Now is currently in beta with a multitude of different games available for testing. These include Killzone 3, Darksiders II and Ninja Gaiden 3 among others. Sony has not specified whether new games would be available through the service. For that matter, it’s our understanding that PlayStation Now is merely a way to allow gamer’s to play older content on newer hardware. Seeing as the service already has a good selection of third-party games available to test out, it may not be as much of a joke as Pachter is making it out to be.  Only time will tell.

The PlayStation Now service is set to launch sometime in 2014.  Pricing details have not been disclosed.