Advertisements
Sony will close its live TV service PlayStation Vue in January 2020

Sony closes its live TV streaming service PlayStation Vue on January 30, 2020, the company announced today. The sudden announcement of the shutdown comes just a week after one report published by The information says that Sony was looking for a buyer for the service, who has continuously lost money for the company since its launch in March 2015. Sony has repeatedly raised the price of Vue to try to compensate for the rising costs, most recently by $ 5 for all plans back in July.

Advertisements

“Unfortunately, the highly competitive Pay TV industry, with expensive content and network deals, has changed more slowly than we had expected. That's why we decided to stay focused on our core gaming activities, "Sony said in a blog post announcing the closure." PlayStation fans can continue to access movie and TV content via PlayStation Store on PS4 and through our partnerships with the best entertainment apps. "

The development of …