The news doesn’t come as a complete surprise seeing as how rumors have been running rampant lately that Sony has been trying to find an Investor to buy their PlayStation Vue streaming service.
It didn’t happen. Sony announced today that their service will be getting the axe on January 20th, 2020, so enjoy it while you can, Brah!! John Kodera, Deputy President of SIE, explained their decision on the Official PlayStation Blog in a lengthy post you can read all about.
The best news of the entire entry? That Sony is dropping the service to continue focus on their thriving gaming sector.
Today we are announcing that we will shut down the PlayStation Vue service on January 30, 2020. 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.
I’m all about a company trying to expand their portfolio but did Sony really even need to enter the on demand/streaming TV marketplace? The PlayStation brand is one of their biggest money makers. The focus should’ve been further investing in gaming even more FOUR YEARS AGO instead of wasting money on Vue. But hey, what do I know?
Do you subscribe to PlayStation Vue? Have you before? Are you sad the service is ending? Let us know in the comments!