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Netflix Cancels Game Rental Plans

The news was revealed in an investor meeting.

Netflix CEO Reed Hastings told a Q4 investor meeting yesterday that Netflix has no plans to offer a video games rental service. Hastings didn't offer more details as to why the company scrapped its plans, nor did he say whether or not they have plans to do so in the far future.

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Investor Release Confirms Wii Successor

Images added to Nintendo's developer site also confirm the Project Cafe codename.

Today in Japan, via an investor memo attached to the fiscal earnings report, Nintendo confirmed a successor to the Wii. According to the memo, the system will be releasing in 2012, and will be shown in playable form at this year's E3. Though not announced in any official capacity, the codename, Project Cafe, has been given some credibility as well.

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