Sony will shut down its streaming TV business, PlayStation Vue, according tomedia. Media pointed out that in the past decade, more and more young people through the Internet on-demand television series, movies and live television channels, cable TV, satellite TELEVISION and other traditional services have been snubbed.
In this environment, Naofi, Amazon, Hulu and other video sites emerged, while the emergence of a number of video-on-demand and live-streaming television services, Sony is one of them.
In response to Sony’s failure in the streaming TV service industry, executives say the main reason is increasingly fierce competition.
Sony said the highly competitive pay-TV industry has changed more slowly than we expected, along with expensive video and television channel licensing, which is why we decided to focus on the core gaming business.
It is reported that Sony PlayStation Vue will be closed on the 30th of this month.