Sony plans to sell off PlayStation Vue streaming service
5 years, 2 months ago

Sony plans to sell off PlayStation Vue streaming service

The Hindu  

Sony is reportedly looking at selling its live TV streaming service PlayStation Vue as it struggles to turn a profit. The company has reportedly recruited Bank of America Merrill Lynch to explore the possibility of selling off its PlayStation Vue streaming service. Sony has already approached at least one potential buyer, the sports-focused streaming service FuboTV, with a sale that would include the service’s approximately 5 lakh subscriber base, alongside its underlying technology, The Verge reported. Recently as this summer, PlayStation Vue’s most basic plan increased by $5 per month, but the streaming service is still continuing to lose money.

History of this topic

PS5: Sony no longer selling PlayStation 5 at a loss, company announces
3 years, 5 months ago
Fight of consoles: New PlayStation and Xbox enter games arena
4 years, 2 months ago
Sony’s PlayStation Now has all the trappings of a streaming service: Know how
4 years, 10 months ago
Sony shutting down online-cable service PlayStation Vue
5 years, 2 months ago
Sony slashes prices of its PlayStation Now streaming games service by half
5 years, 3 months ago

Discover Related