GameFly acquires cloud-gaming company to establish itself as the ‘Netflix of games’

Renting games is not as popular as it once was, and that’s got one of the top players in that space adding something new.

GameFly, the rent-by-mail company for games and movies, has acquired cloud-streaming company Playcast. This will enable GameFly to build an online gaming platform for games very similar to Netflix’s movie-streaming platform where people beam films and television shows from a centralized server right to their television sets. GameFly’s new tech is live now exclusively on the Amazon Fire TV. The company plans to later expand its digital-gaming solution on other devices as well as smart TVs.