Sony had a big management meeting in Japan today, where the tech giant announced some extremely vague plans for what's initially being called the Sony Online Service -- a new "iTunes-like" service built on the PlayStation Network that will sell books, music, and movies. That's really all we know for now -- Sony execs didn't set a launch date or provide any specifics -- but the move's been rumored for a while and makes total sense, considering Sony's huge investment in running PSN and vast array of products it could tie into the service, like the Reader e-book line, the PSP, and the various Network Walkmans. Now, whether or not Sony can manage to make good on this massive potential remains to be seen -- we've got high hopes, but this isn't a small challenge.

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Sony to expand PlayStation Network into Sony Online Service, sell music, books, videos