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Consoles to Create 3M Netflix Users In 2010

Offering its services on connected consoles has "meaningfully" boosted video rental service Netflix's subscriber base, says Wedbush analyst Michael Pachter.

"We believe that the Xbox 360 helped Netflix add 800,000 customers in 2009, a figure that we had expected the PS3 and Wii to each replicate in 2010," Pachter says.

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