GameStop closes its game-streaming division — will focus on PlayStation Now

Most consumers don’t really want Netflix-style game streaming, at least according to GameStop.

The retailer announced today that it closed its Spawn Labs research division, which was building a cloud-gaming service that would have enabled customers to play games instantly over the Internet. GameStop doesn’t think consumers want something like that yet. It instead plans to focus on selling cards for Sony’s upcoming PlayStation Now service, which will stream PlayStation 3 games to a variety of devices, including PS4 and Vita.