Sony Corp. is rumored to be exploring an Internet-based television service that would use devices like the PlayStation 3 to replace traditional cable and satellite receivers. This could be a major disruptor to the American market; most consumers have two choices for premium television (cable or satellite), while a limited number of consumers have access to fiber services like AT&T U-Verse and Verizon Fios. Here’s more from The Wall Street Journal:
Sony Corp. is considering launching an Internet-based alternative to cable-TV service, people familiar with the situation said, posing the latest threat to the cable and satellite operators that dominate pay TV. The Japanese electronics and entertainment company has approached several big media companies to negotiate the rights to offer their TV channels over the Web in the U.S., the people said. Sony is proposing to beam the channels over Internet connections to Sony-made devices, including PlayStation gaming consoles, TV sets and Blu-ray players, the people said.
To me, cable and satellite companies are the same as mobile phone service providers — they all suck. While Internet services like Netflix and Hulu have given consumers more choices than ever, I’m still dreaming about a true disruptive service that would put cable and satellite companies on their collective asses.
Apple and Microsoft are rumored to be exploring an Internet-based TV services, and I’m thrilled to see Sony in the mix. These alternatives can’t get here fast enough. I’d love to cancel my Time Warner Cable subscription for a modern and more cost-effective service. It’s good to have dreams.
How about you? What do you make of the rumor? Would you be down with a Sony Internet TV service that ran through your PlayStation 3?
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