OnLive releases iPad app, reveals subscription-based movie streaming coming in 2011

According to a report this morning, OnLive is launching a subscription-based movie streaming service on an undisclosed date in 2011. The news comes from the Wall Street Journal (subscription required), who cites growing concern among media companies that Netflix has grown too large on its own and diversification is desired (read: they want a piece of the large, money-filled pie as well).

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