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October 25, 2019 03:03 pm

Sony is reportedly looking to sell its PlayStation Vue streaming service




Image: Sony

Sony is currently looking for a buyer of its PlayStation Vue TV streaming service, according to a new report published by The Information. The company has reportedly already approached one potential buyer, the sports-focused streaming service FuboTV, with a sale that would include the service’s approximately 500,000-strong subscriber base, alongside its underlying technology. That customer tally is substantially less than other subscription TV services, despite PlayStation Vue being one of the first such services to launch.


The Information’s report claims that Sony’s streaming service is continuing to lose money, despite several subscription price hikes, most recently a $5 increase in July of this year. Sony is struggling with the...



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Original Link: https://www.theverge.com/2019/10/25/20932088/sony-playstation-vue-sale-streaming-war-competiton-content-cost

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