Sony pulls the plug on PlayStation Vue
Back in 2015, Sony Corporation of America took a big risk and launched PlayStation Vue, an over-the-top internet television service that consisted of live TV, on-demand video, and a cloud-based DVR. The service was all accessible through a PlayStation, or an app on a variety of electronic devices.
At launch, the cost of the service started at $45 a month but over the summer, Sony raised the price $5 to all the price tiers. Now in 2020, the service is shutting down for good.
In a post on the PlayStation blog, Sony’s John Kodera, deputy president at Sony Interactive Entertainment, announced they were pulling the plug on PlayStation Vue 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,” Kodera said. “Because of this, we have decided to remain focused on our core gaming business.
“We are very proud of what PlayStation Vue was able to accomplish,” Kodera continued. “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.”
Earlier this year, it was reported the service had a bit more than 800,000 subscribers. In comparison, YouTube TV’s similar service has about a million subscribers, while Hulu with Live TV has more than two million subscribers.