Industry analyst Michael Pachter has slammed Sony's upcoming streaming service PlayStation Now, labelling it a "joke" and claiming that "no publisher" will allow any title less than two years old to appear on the service.

"PlayStation Now is a joke," he said in the latest issue of Game Informer. "There is no publisher that is going to license content that's less than two-years old because they would be concerned that they can't sell as many copies if they make it available for subscription or rental.

"This has no prayer of working. None."

SCEA's marketing VP John Koller, however, claims that "publishers are being exceedingly bullish" about the prospect of PlayStation Now, although Sony has yet to officially announce any of the service's third-party partners.

The service lets users stream PlayStation titles to a variety of devices, including tablets, smartphones and Bravia TVs.

A closed beta for PlayStation Now is currently underway in the US with the full service due to launch this summer. The service is expected to launch in the UK next year.

Source: Game Informer | March 2014