The Death of Cable: Sony Wants in on the Online Streaming Game

Earlier this month, at New York Comic Con, Sony unveiled the first footage for Powers, an original series based on the hit comic book of the same name. A 10-episode inaugural season is to begin airing in December on the PlayStation Network. Only those with a console and a PlayStation Plus subscription will have access to the full season. […] For Sony, it’s a risky but potentially lucrative strategy since PlayStation Plus is already popular among active gamers. More than half of those who have bought a PS4 have subscribed to PlayStation Plus, which costs either $9.99 monthly, $17.99 quarterly, or $49.99 annually according to Capital IQ earnings call transcripts. […] For investors, it’s important to watch the buzz for and response to Powers . If it plays well and a surge in console sales follows, it’s a good bet we’ll see more networks developing their own custom hardware for controlling distribution — or even an arms race between cash-rich device makers and network operators. Either way, the rules of the online streaming and cable industry are changing fast. – The Motley Fool via Nasdaq
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