Sony is shutting down its live TV service PlayStation Vue in January 2020

Sony is shutting down its live TV streaming service PlayStation Vue on January 30th, 2020, the company announced today. The sudden announcement of the shutdown comes just a week after a report published by The Information saying Sony was looking for a buyer for the service, which has continually lost money for the company since its launch in March of 2015. Sony has repeatedly raised the price of Vue to try to offset its rising costs, most recently by $5 across all plans back in July.

“Unfortunately, the highly competitive Pay TV industry, with expensive content and network deals, has been slower to change than we expected. Because of this, we have decided to remain focused on our core gaming business,” Sony said in a blog post...

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