CNN Money December 15, 2007:
John Fleming, CEO of GameZnFlix, an online provider of video games and movies for rent or purchase, said today that unfilled demand for the Wii Video Game Console may result in increased business for the game rental industry.
"The Wii is the hot ticket this Christmas and they're just not out there to be had," said Fleming. "It looks like a replay of Christmas 2006 when the Wii was commanding big premiums on eBay while last minute shoppers were lining up at Gamestop or Best Buy and too often leaving empty-handed. My guess is that those who have their heart set on a Wii aren't going to look instead to the XBox 360 or Playstation 3 which can cost double the price of a Wii or more," Fleming continued. "They're just different markets, and nobody's going to want to invest in more games for their 1st gen Xbox or Playstation 2. What does make sense for them is to turn to a video game rental program while Wii supply catches up with Wii demand. It's the perfect solution.