The Wall Street Journal’s All Things Digital (via Gizmodo) has found an interesting nugget of game related news from Netflix. According to a Netflix Q2 FY 2010 Earnings Report they have plans to add Netflix natively to the PS3 dashboard by October. The interface should be similar to the Xbox 360 Dashboard version. The CEO also looks at Hulu Plus as a major competitor that should not be underestimated.

Before our next call in October, we expect to be launching a major new version of our Sony PS3 user interface which doesn’t
require a disc, and is dynamically updated continuously with the latest Netflix UI improvements.

Looking at competition, consumers have an enormous array of choices for their entertainment. A new choice consumers now have is Hulu Plus, which directly competes with us in subscription streaming. Once Hulu Plus has a few hundred thousand subscribers we’ll be able to learn from
consumers what they like about Hulu Plus. Then we’ll work to incorporate what we find back into Netflix. The Hulu team is sharp, and we’re not going to underestimate them. In the long term, Hulu Plus and Netflix share the same major competitive threat, which is the MVPD’s (multichannel video programming distributor) getting so much better that fewer consumers choose to supplement with Netflix or Hulu Plus.

Personally I don’t see why anyone would pay for Hulu. Netflix has a much larger selection. Hulu Plus’s only advantage is releasing TV episodes before they are available on DVD. And Netflix is pushing hard to close that gap. I guess I’m just very patient.

Here is a copy of the Earnings Report.

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