Sony announced today that the company will shut down its PlayStation Vue service. A date has already been set.
After around four years, Sony plans to shut down PlayStation Vue on January 30, 2020. It was an attempt to conquer the pay-TV industry, but the company failed. The company wrote in a statement:
"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 its expensive content and network offerings, has been slower to change than we expected. For this reason, we have decided to continue to focus on our core gaming business."
The service debuted in 2015 and was considered Sony's problem child since its launch - the project was a loss-making venture. The press release continues:
"We're very proud of what PlayStation Vue has achieved. We had ambitious goals for how our service could change the way people watch TV, demonstrating PlayStation's ability to innovate in a brand-new category within the pay-TV industry. We'd like to thank all of our customers, some of whom have been with us since the launch of PlayStation Vue in 2015."
Sony's announcement was already predicted by a report from The Information last week. The PlayStation Vue service was last updated in late 2018 - with Sony releasing an app on Apple TV. (Photo by EricBVD / Bigstockphot)
