After years of rumors and an encouraging statement from Netflix's CEO, it appears to be official: the Nintendo Wii will gain the ability to stream content from Netflix's "Watch Instantly" selections. The New York Times reports that the companies will announce the deal later today.

Nintendo president Reggie Fils-Aime called the addition of Netflix functionality "a continuation of an effort to bring more and more entertainment to consumers who interact with the Wii." The AP notes (via Engadget) that, like the PS3's implementation of the service, Netflix on Wii will require an "instant streaming disc."

[Thanks, Ridgecity]

This article was originally published on Joystiq.