One of the most sought after gaming consoles in the world, Sony PlayStation 3 is all set to be equipped with the Netflix online instant streaming service. With the addition of this latest feature, PS3 has become the only gaming console in the world, that supports Blu-Ray discs and provides online streaming.

The users of the PlayStation 3 will be able to view movies and television episodes online, by ordering a Netflix free Blu-Ray disc, that will enable the PS3 to run online videos and movies. This activation disc can be ordered via phone or online by potential subscribers and it will delivered to the members, absolutely free of cost and that too by first class mail. Meaning, that the members can receive these activation discs a day after they place their orders.

The Netflix Blu-Ray disc is based on the Blu-ray’s BD-Live technology, that enables this disc to gain access to the internet and activate the PS3 subscription. However, in order to make the activation process work via the Netflix disc, the PS3 should be connected to the internet, via Ethernet or Wifi. Those consumers who are already a subscriber to Netflix, just need to insert the Blu-Ray disc into the console and enjoy the movies and television shows up for grabs.

This latest deal between Sony PlayStation 3 and Netflix, has effectively put a stop to the exclusivity shared by Microsoft and Netflix for a very long time. However, the exclusive deal between Netflix and Microsoft, still couldn’t beat the PS3 deal, as the Xbox 360 requires an Xbox Live subscription,in addition to the Netflix subscription. Where as in the PlayStation 3, the users just need to insert the free Blu Ray disc and enjoy watching their favorite movies.

Via Cnet.