The chairman and CEO of a web-based video distribution company, Netflix, has joined Microsoft's board of directors. The appointment of Reed Hastings could well mean changes are on the way for Xbox Live's offerings of movie and TV downloads.
Netflix, an American DVD rental service, recently made a foray into the arena of web-based movie rental. The service currently allows subscribers to watch films and TV programmes directly through their PC on a pay per minute basis.
Netflix's involvement with the 360 could potentially bolster the 360's currently meagre video offerings. Alternatively, it could extend Netflix's instantly viewable materiel onto the 360 and cut out download times. Netflix would benefit in turn by having gotten itself off inconveniently placed PCs and into gamers' living rooms.