Categorized | Expenses, Technology

Save Money by Streaming Television & Movies Through Your Xbox 360 or PS3

This is part of a 3 post series which I will dedicate to saving money by spending money on technology. I consider my blog a personal finance blog with a fusion of many areas of interest that promote good finances, learning, and happiness. I hope these posts are not too tech-y and help a few of you out!

Post 1: Save Money by Connecting Your Computer to Your Television
Post 2: Save Money and Make Your Xbox 360 Wireless for $20
Post 3: Save Money by Streaming Television Through Your Xbox 360 or PS3

You can read my first post where I gave an outline of how to stream television shows and movies from your computer to your TV. In this post I will go over how to stream television shows and movies onto your TV using an Xbox 360 or a Playstation 3.

Why would you want to do this instead of the former?

  • You already have an existing network for your computer and console to access the internet
  • Your TV is further away than would be viable for hard wiring
  • You already have a TV hooked up to your computer and you want to give a separate TV the ability to stream as well

This solution can also be put in place of cable for a $720 annual savings. However, there is a $40 registration fee associated with one of the tools used.

For me, this solution is worth the $40. Not only can I stream television and movies to my TV in my bedroom (via my computer hdmi out) but I can stream it to the TV in the living area. This is obviously the preferable solution for when people are visiting. Although not as flexible as just having your TV display your computer output, this solution still allows you to watch Netflix, YouTube, Hulu, CBS, CNN, and ESPN. They are working on adding more options.

Tools needed:

  • Internet connection (cable, dsl, or FIOS preferred as streaming video can be bandwidth intensive)
  • An Xbox 360 or Playstation 3 (wii coming soon!)
  • A network (your internet connection goes into a router which is split between your computer, console, and other devices)
  • PlayOn software
  • A slight technology know-how

 

Procedure:

1. First, download PlayOn… the software which will stream the video through your console.

How PlayOn Works

2. After installing it, go to Dashboard > My Xbox > Video Library for Xbox 360 and XrossMediaBar > “Video” for Playstation 3 (make sure “Media Server Connection” is enabled under Settings > Network Settings.

3. Voila! You should now be able to stream these services straight through your Xbox 360 and Playstation 3.*
*This is assuming that your network is configured properly and that your console can see your computer on the network. If you need help if this is not the case, make a comment and I will point you in the right direction.

Another Benefit

The program comes with a 14 day trial so give it a whirl and see if you like it! While I was installing the program I also went ahead and set up media sharing between my computer (You need Windows Media Player 11 and you need to enable media sharing) and the Xbox 360 so that I can play any of my music through my Xbox 360 in the living room.

When having guests over, if you have a decent entertainment setup this could be an optimal approach to utilizing your music library! If you are hosting a party, you can set up playlists on your computer without concern of an iPod getting stolen.

Feel free to leave comments with extra suggestions or problems.

Get to know the author!

MLR is passionate about saving for his future while maintaining a high quality of life. He currently resides in the North East, has a wonderful girlfriend, adopted the cutest puppy ever, and works for a Fortune 500 company in the Supply Chain department. If you would like to converse with MLR, you can find him on Twitter at @MyLifeROI.


MyLifeROI has written 204 posts on MyLifeROI.com.


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18 Comments For This Post

  1. Bible Money Matters Says:

    Great suggestion! I’m already using Playon to watch TV, movies, netflix, hulu, etc on my xbox 360. It works really well, and it’s almost like having a DVR without actually having a DVR. We just wait a day after a show airs, and then go onto hulu to watch it. Seamless, and free!

    [Reply]

  2. MyLifeROI Says:

    @BMM –

    Yup!

    And if the show isn’t on Hulu but is on another site, I just use the TV that is hooked up to my computer and use my TV as a monitor.

    I see no need for TV anymore, pretty much!

    Have you looked at Hulu’s selection of movies? I was actually quite surprised. Excited about a few of them :)

    MLR

    [Reply]

  3. best xbox game Says:

    haha

    [Reply]

  4. Janar Says:

    Wow! what an idea ! What a concept ! Beautiful .. Amazing ?

    [Reply]

  5. Garry Smith Says:

    Cool article, im going to have to give this a go with my PS3!
    - Gary Smith
    Garry Smith´s last blog ..Harry Potter and the Goblet of Fire My ComLuv Profile

    [Reply]

  6. Nick McKenzie Says:

    Wow! Got to try it with my PS3 too… :)

    [Reply]

  7. Xbox ring of death Says:

    So cool what you can do these days. I’ve got all the tools for this except the PlayOn software. Will give it a try.

    [Reply]

  8. hurtige penge Says:

    Nice, i really like it thanks for the help and the tips. love it!!!

    [Reply]

  9. Watch Free Movies With Me Says:

    Wow I didnt know this playon stuff existed. I have netflix hooked up to my 360. This sounds awesome! If it will let me stream from my computer sites like HULU and other movies sites I am so in!
    Watch Free Movies With Me´s last blog ..Watch | Halo Legends (2010) My ComLuv Profile

    [Reply]

  10. Deiona Says:

    I cannot get it on my ps3 can you give me some tips. It states media not found

    [Reply]

  11. david dealaday Says:

    Awesome what can XBOX OR PR3 could bring to us these days
    Men you rock, thanks you so much for this wonderful information.
    I will try the steps above with my ps3. I will be back soon and made another comments about the steps that you have posted above once am done appyling it…

    Cheers..
    .

    [Reply]

  12. Bryant Says:

    Thanks for all this info… Very helpful tips! 8)

    [Reply]

  13. Nichole Says:

    What an awesome idea! This is something I would definitely look into! Thanks for the information :)
    Nichole´s last blog ..Youtube to Mp3My ComLuv Profile

    [Reply]

  14. personalised banners Says:

    great blog have to try this with my xbox 360. cheers.

    [Reply]

  15. Dave Crisman Says:

    Hi,
    I am not at all a techie, but I really need to save money on my cable. Currently my tv and internet are through Comcast. I want to drop the cable tv entirely and install your #3 option. I could keep just the high speed Comcast internet subscription, but where I live I could get a fiber optics internet connection which is both faster and cheaper than Comcast. The problem is that I’m not sure there would be a router that would work with fiber optics. How would I connect the computer to the xbox?

    [Reply]

  16. Cassie Says:

    Using the Xbox is not the only way to stream to your TV. I use a PC as the streams are getting better. I posted at http://ilovelivetvonline.com about how to hook up your PC to your TV so all the family can watch anything online.

    Cas x

    [Reply]

2 Trackbacks For This Post

  1. -> Ways To Watch Television For Free Without Paying For Cable Or Satellite TV | Bible Money Matters Says:

    [...] talks about how he setup the same Playon to Xbox 360 streaming at his [...]

  2. Festival of Frugality #170 – Frugal Living is Timeless Says:

    [...] My Life ROI presents Save Money by Streaming Television & Movies Through Your Xbox 360 or PS3 [...]

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I'm MLR. After graduating from college debt free, I decided to write a blog encouraging people to adapt responsible and sensible personal finance rules.


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