Sony Eager to Flog PS Vue As It Plots Exit from TV Streaming Business

PlayStation Vue’s on the market, and Sony’s purportedly already been in contact with one potential buyer. According to a report by The Information, the organisation has been in contact with sports-focusing streaming platform FuboTV about the possibility of selling the service, which would include its 500,000-strong subscriber base and its underlying technology.

According to the original article, the Japanese giant has been struggling to turn a profit with the initiative, despite hiking prices earlier this year. The issue all comes down to the cost of programming itself, as the service’s feature-set has been widely well received; PS Vue, for example, allows you to watch multiple shows on a single screen – a great option for sports fans.

Of course, with Apple TV Plus and Disney+ all on the horizon, the manufacturer may see this as a good moment to cut its losses and get out of the sector – especially with competing companies looking to invest heavily into original content. Whether this will have any kind of impact on the recently established PlayStation Productions – a division designed to leverage Sony’s gaming properties in cross-media projects – remains to be seen.