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'OnLive' Video Game Service to Start Streaming this Summer

Gamers have been waiting for OnLive, a cloud-based video game streaming service, to launch since last year. Good news: the wait will soon be over. According to Joystiq, CEO Steve Perlman announced that a final version of OnLive will debut at E3 2010, and the service will become available to gamers in the 48 continental states on June 17th, 2010. For $14.95-a-month, you can stream video games directly to your PC or Mac using a browser plug-in, but there are plans to release a television adapter later this year. You'll have to pay extra to rent or purchase a game -- which we imagine would involve a physical disc or an actual download -- but the company hasn't announced a price for those yet though.

If you're one of the first 25,000 folks to visit the OnLive site and subscribe, the first three months won't cost a dime. That's incentive enough, but OnLive is also packing a decent arsenal of games, too. To start, you can play games like 'Mass Effect 2,' 'Borderlands,' and a few others. Of course, we're sure the library will grow over time.

At least, it'd better. With only between 12 and 25 games available at launch, a serious gamer could easily plow through their entire library during the free three-month trial. That could leave OnLive high and dry if the company isn't able to consistently secure the newest titles. [From: Joystiq, via: Engadget]

Tags: breakingnews, cloud, mac, onlive, onlive-game-service, pc, streaming, top, videogames