Sony blocks entire Netflix movie library from streaming to the Xbox 360 [update]

Update: Sony has released an official response, click here to learn more.

In an attempt to foil Microsoft's plans of a flawless NXE Netflix launch, Columbia Pictures (a studio that's owned by Sony) has made sure that its entire Netflix movie catalog is blocked from streaming to the Xbox 360. How rude!

According to Joystiq (and confirmed by MTV Multiplayer) Netflix has pulled all Columbia Pictures content from the Xbox 360 instant view library due to "licensing problems." But, wouldn't you know, all the blocked content can still be viewed online and through all other Netflix enabled TV devices except for the 360. Netflix hopes to license all the currently blocked content to the Xbox 360 in the near future. Now, that just isn't very nice of you Sony, haven't you been taught to share?