By Spencer . January 13, 2010 . 4:34pm
The big news for Nintendo today is Netflix streaming and Reggie Fils-Aimé, CEO of Nintendo of America, went on CNBC to discuss the deal.
“First, off and I’m sure Reed [CEO of Netflix] would support this is, the vast majority of content that is available for streaming through Netflix is not HD content. So, there is really no loss for the Wii consumer – the fact that they can’t get any HD content through our system,” said Fils-Aimé.
“But, even more importantly than that, the consumer has voted. Over 26 million consumers have bought a Wii. The consumer is saying, for them, the quality of the visual is not nearly as important as the overall entertainment, the overall value of that experience and that is really what has propelled us. In terms of what the future holds, we’ve gone on record to say the next step for Nintendo in terms of home consoles will not be simply to make it HD, but to add more and more capability and we’ll do that when we totally tapped out all of the experiences for the existing Wii and we are nowhere near doing that yet.”