GameFly Streaming shutting down service at the end of August

The decision to shut down the service precedes EA's purchase of the streaming technology.

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The game streaming market is gaining momentum via efforts from companies like Sony and NVIDIA but a popular name is scooping their hat up out of the ring. GameFly is set to shut down its streaming service on August 31, 2018. 

Variety reported the news, stating that GameFly Streaming accounts will no longer be charged after the closure date. Disc-based game rentals will continue through the mail and there doesn't seem to be any concerns about that business model at the time. GameFly's major competition for physical rentals is GameStop, who did a soft launch of their rental service late last year. Gaming is aggressively moving toward larger hard drives and digital consumption, but there's still a market out for physical content.

EA acquired GameFly's cloud gaming technology assets and personnel, but not the GameFly streaming service directly. In a statement to Variety, an EA spokesperson said, "We acquired the team in Israel and the technology they’ve developed, we did not acquire the Gamefly streaming service.  We have not been involved in any decisions around the service."

Sources told Variety that the decision to close the streaming service happened before EA's purchase. Stay tuned to Shacknews, the incredible website that GameFly owned at one point, for more news updates.

News Editor

Charles Singletary Jr keeps the updates flowing as the News Editor, breaking stories while investigating the biggest topics in gaming and technology. He's pretty active on Twitter, so feel free to reach out to him @The_CSJR. Got a hot tip? Email him at Charles.Singletary@Shacknews.com.

From The Chatty
  • reply
    August 3, 2018 10:50 AM

    Charles Singletary posted a new article, GameFly Streaming shutting down service at the end of August

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      August 3, 2018 11:09 AM

      I didn't even know they had a game streaming service.

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        August 3, 2018 11:26 AM

        One of my TVs has it built in. It's pretty laggy though.

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      August 3, 2018 11:29 AM

      I actually like the idea of a game streaming service, but I just don't think we're quite there yet. No one has been able to get it right.

      I remember trying OnLive when it came out, but it was just too laggy and the video compression really made the game suffer. I tried some of the PlayStation Now streaming last year, and although it was much better than what I remember of OnLive, the video quality was still too bad for me to ignore. Plus it would weird random buffering that really saps the fun out of it.

      I wish someone could get it right.

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      August 3, 2018 11:46 AM

      Gamefly never does right by its best assets.

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      August 3, 2018 12:59 PM

      My god TMWTB, what else can this redesign do?

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      August 4, 2018 12:40 PM

      Dude GameFly kinda sucked. It just buffered most of the time. Anyway, if you had GameFly just use gamerjobs and at least get paid to test the newer games: https://bit.ly/2n9hI67 I got paid how much GameFly charges a month sooo;) You're Welcome

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