October 29, 2019
Sony Interactive Entertainment announced in a blog post that it would be shutting down its PlayStation Vue live TV streaming service on Jan. 30, 2020.
“Unfortunately, the highly competitive pay-TV industry, with expensive content and network deals, has been slower to change than we expected,” read the blog from deputy president John Kodera. “Because of this, we have decided to remain focused on our core gaming business.”
The service launched more than four years ago.
“PlayStation fans can continue to access movie and TV content through the PlayStation Store on PS4 and via our partnerships with top entertainment apps,” read the blog. “With 100 million PlayStation 4s in the market today, our community continues to grow and thrive. We will continue to deliver the best entertainment experiences across the network, along with other key gaming services, including PlayStation Now and PlayStation Plus.
“We are very proud of what PlayStation Vue was able to accomplish. We had ambitious goals for how our service could change how people watch TV, showcasing PlayStation’s ability to innovate in a brand-new category within the Pay TV industry. We want to thank all of our customers, some of whom have been with us since PlayStation Vue’s launch in 2015.”
Sony reportedly had been looking for a buyer for the service, with roughly half a million subscribers and plans starting at around $50 a month.