Sony Interactive Entertainment has announced that its streaming service, PlayStation Vue, will officially be shutting down on Jan. 30, 2020.
News of the service's closing came directly from SIE Deputy President John Kodera on the PlayStation Blog. Along with the closing of PS Vue, Kodera provided a few words of reasoning behind the decision, writing, "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."
Kodera went on to state that current PS Vue subscribers who want to continue watching movies and TV on their PlayStation 4 are still able to do so through third-party applications and the PlayStation Store.
PlayStation Vue made its debut in spring 2015 and was created to compete with other streaming services such as Netflix and Hulu. The service differentiated itself from its competition by offering live TV channels on top of its own on-demand content. Aside from the end of PS Vue, Sony has been making headlines recently with the official confirmation of its next-generation console, the PlayStation 5.
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