On Monday Cord Cutters News learned that Sony still had PlayStation Vue assets up for sale. Sadly, not to keep the service running, but to sell off the tech behind the live TV streaming service.
Today Multichannel News is reporting that sources say Sony is also trying to sell its subscriber base. According to sources Cord Cutters News has spoken with, Sony is offering to migrate over subscriber data to a new company for a price. Reports say multiple live TV streaming services are bidding on the ability to move PlayStation Vue’s 500,000 subscribers over. One source said that Sony would help the winning bidder move the subscribers who would get an extended free month of service with the new streaming service.
Our sources confirmed to us last Monday that Sony is reportedly in talks with multiple live TV streaming services to sell them parts of PlayStation Vue technology. Sony is also trying to use the PlayStation 4 as a way to drive up the sale price of the service. According to reports, Sony is offering to add the winning bidder’s app to the PlayStation 4. However, there may be multiple buyers for PlayStation Vue’s technology as it’s broken up into different parts. So multiple streaming services may own the rights to add their apps to the PlayStation 4 once the sale is completed.
For years now, Sony has kept PlayStation game consoles free of any competitor service to PlayStation Vue. Services like Hulu have been able to offer on-demand content, but not their live TV service. Others like Sling TV, YouTube TV, fuboTV, and more have been completely locked out of Sony’s gaming systems. Now it sounds like Sony wants to auction off rights to have competitor apps on the PlayStation 4 as part of the bidding war for PlayStation Vue assets.
Whatever service is first on the PlayStation will likely have a huge leg up on getting the estimated 500,000 PlayStation Vue subscribers as Sony has reported that the PlayStation was the most popular device for PlayStation Vue subscribers.
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