Netflix plans to continue its domination of the video streaming market with its newest partnership, introducing its steaming service onto the Wii. According to Netflix, the program is scheduled to release onto Nintendo’s platform this spring, and it will require consumers to reserve a disc in-order to participate (they also must have an account, of course).

“Our research shows that 86 percent of all U.S. Wii consoles are located in the living room,” said Nintendo of America President Reggie Fils-Aime. “The Wii console is the social hub around which friends and family members gather to play games and have fun. Soon both new and longtime Wii owners will enjoy the benefits of Netflix – and a variety of informational and entertainment options – by being Netflix members and connecting their consoles to the Internet.”

The partnership between the two companies will extend the reach of Netflix, thanks in-part to the mainstream popularity of the Wii. The Netflx program will be available on the platform this spring and, to enable the streaming, consumers will need an instant-streaming disc, which is currently available at no additional cost to subscribers via the Netflix’s website.

Last year, many of us were very shocked by the low supply of Wii’s, mainly because every kid and parent wanted to have it. This low stock was caused by the Wii’s, then, very low price and fun factor, but by the looks of things we maybe in for it again this Holiday season. When interviewed by the Los Angeles Times, Nintendo of America President Reggie Fils-Aime hinted of the fact that there could be a chance that the Nintendo Wii may not be able to meet the demand this Holiday season.

In fact the Wii is still very hard to get your hands on today, Reggie even stated that, “one of our competitors’ projects,” he said (we’re thinking he meant Sony), “they will sell 10 million consoles worldwide this year. For us, that’s three months of production.” And if you add it all up this number doesn’t add up this will mean that they aren’t meeting production standards. Here’s why: the Wii production is suppose to be up 33% over last year, from 1.6 million consoles per month to 2.4 million. That’s why they aren’t meeting the standard.

[Wii production up; holiday supply might not meet demand ... again via Joystiq]

In the latest issue of Club Nintendo, a Spanish Nintendo gaming mag, Reggie Fils-Aime and Shigeru Miyamoto sat down to shed light on some very important questions about the upcoming Wii storage solution. In the interview Reggie confirmed that the storage solution isn’t necessarily a hard drive. The guys over a Nintendo Everything where nice enough to translate apart of the interview.

“We are working on a storage solution and it is especially important in America because our consumers are using Wii Points for the Virtual Console and WiiWare. I want the people to have the right expectations; We have never said that it will be a hard drive nor have we mentioned how we will fix this issue, but we are going to deliver a better way to store the games.”