Sony games division to launch internet TV by end of year
While the PlayStation 4 continues to sell like black, plastic hotcakes, not all of Sony's business divisions are doing so well. Thus, it shouldn't be too surprising that the company is trying to push their little slanted box's success as much as they can.
Andrew House, president and CEO of Sony Computer Entertainment, told the Wall Street Journal that includes launching an internet television service by the end of 2014, as well as a service that could stream games onto mobile devices other than Sony's own Vita - though the latter has no planned release window. It's not clear if the proposed video steaming service would change release plans for Powers, the Sony Pictures Television-produced adaptation of the comic of the same name.
House told the Wall Street Journal he was "absolutely focused" on creating a profitable ecosystem that would benefit Sony as a whole, but some doubt how far the PS4 can carry such a burden.
The Wall Street Journal reports that Merrill Lynch analyst Eiichi Katayama said that, while games can be a source of stable income, "for a company with such diversified income streams as Sony, it would be wrong to portray games as a business that could support the company alone."
[Image: Sony]
