LOVEFilm coming to the Playstation 3

The movie rental service LOVEFilm is making its way to the PS3.

The decision was announced by a video on Youtube on the official PS3 channel, but it has since been removed.

The service that will be made accessible via the XMB will be able to stream ‘thousands’ of movies direct to your console, including DVD’s and Blu-rays.

Existing members will be able to start streaming instantly.

The move will come as a huge boost for many UK PS3 owners, who have only been able to look on jealously while the US PS3’s have access to Netflix, another streaming site.

The service could be arriving as early as next month.

Thanks, VG247.