Pachter: PS Now Has No Prayer of Working

The new PlayStation Now service is currently in beta for PS3 users. Though the idea of streaming games from the past in order to create a form of backwards compatibility sounds like a great idea to most, there are those who don’t think too highly of the PS Now project.

One of those people is Wedbush Morgan analyst Michael Pachter.

In an interview with Game Informer, Pachter stated that he believes the PS Now service 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,” he said. “This has no prayer of working. None.”

Pachter’s belief that publishers will not license out games for monthly stream due to the potential to impact the games “per unit” sales make sense, but the service won’t just be about recent games being streamed. The service is also expected to lead to backwards compatibility that will allow PS1 and PS2 to be played on PS3 and the PS4.

Sound off, Gamesiders. What are your thoughts on Pachter’s comments about PS Now? Leave a comment below, and let us know.

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