Netflix CEO Reed Hastings has confirmed the company will not be pursuing videogame rentals. This announcement was made during an investor call today. The origin of Netflix’s videogame plans dates back to September 2011 when Netflix revealed Qwikster would handle its disc-based business. Qwikster was eliminated a short while later, but the fate of videogame rentals more »

The prospect of Netflix adding video game rentals to its mailing service continues to grow dim. Back in September, Netflix announced it was spinning off its DVD business as Qwikster. Qwikster was to operate separately from Netflix and include game rentals similar to GameFly. However, earlier this month Netflix decided to kill Qwikster, and games may die with it. In a letter to investors ahead of its third quarter 2011 earnings call, Netflix is still on the fence about games.

Batman: Arkham City is days away from being released, but there is still time to get some pre-orders in. Several retailers are offering special add-ons and other incentives to get you through the door. One of those places is Blockbuster. Blockbuster is honoring all $5 pre-orders of Batman: Arkham City with a free month of movie and game rentals. Depending on how often you rent games, this could end up being of great value in the end.

Movie rentals on the PlayStation Network just got cheaper. Sony has decided to bring back $0.99 standard definition rentals as of last Tuesday. The high definition versions of these rentals will cost $1.99. Select movies will be put up at a discounted price every Tuesday. Previously discounted movies will revert to their original prices after a week has passed.

Looking to rent a game for the weekend? Starting tomorrow (June 17, 2011) Redbox kiosks from around the country will start stocking PS3, Xbox 360 and Wii games. You may have noticed games in your local Redbox before, but now everyone will be able to take part in it.

Redbox is not just for renting DVD’s anymore. The service has been testing the demand for videogame rentals. Reports from this morning say Redbox is ready to begin offering videogame rentals at its thousands of kiosks around the United States.

If you are an employee or executive of Blockbuster Video, consider this a spoiler warning so you can just walk away. In 2009 kiosk rental system Redbox began testing video game rentals in a couple of markets. Now the test program is expanding to Orlando, Florida. Redbox and its $1-a-day convenience in movie renting has been a big problem for brick-and-mortar competitors. At $2 a day though, Redbox is not yet a viable competitor for the likes of Gamefly, the online rental service that charges a flat monthly rate.

Publishers and developers have long been unhappy that a week after a game’s launch, you can walk into a store and purchase a used copy for just $5 less than a new copy.

Electronic Arts is throwing a new wrinkle into things announcing it will charge for a “pass” to play its sports titles online. If you purchased the game, you will just need to enter the code in the box. If you have a used or rented copy, a pass will cost you $10. Tiger Woods PGA Tour 11 is the first game to have this feature (because Woods really needed some more bad publicity).

There are tons of video game rental sites popping up online. Since games for the next-gen consoles can be expensive, renting is a viable and intelligent alternative for many gamers. With so many available, it becomes difficult to determine which are worth renting from.

To help you decide which service is best for you, we’ve compiled key information for the five of the highest profile video game rental services: GameFly, Gottaplay, Gamerang, GamezNFlix and RentZero…

Newsflash: game rentals hurt sales. Proving the obvious through research, a gamedaily affiliated study recently found that very few people who rent games actually end up buying the titles. According to the study, a full 49% of people bought none of the games they rented, 42% bought 1-10% of the games they rented, and 9% more »