Over 4 years in the past, we made a daring resolution to alter the principles and revolutionize the standard TV-viewing expertise within the U.S. with PlayStation Vue. We set the bar excessive and sought to innovate a longtime business by delivering a contemporary TV expertise. By fully rethinking stay and on demand tv, we provided an unimaginable consumer expertise that allowed viewers to find and watch content material in fully new methods.
At this time we’re asserting that we are going to shut down the PlayStation Vue service on January 30, 2020. Sadly, the extremely aggressive Pay TV business, with costly content material and community offers, has been slower to alter than we anticipated. Due to this, we have now determined to stay targeted on our core gaming enterprise.
PlayStation followers can proceed to entry film and TV content material via the PlayStation Retailer on PS4 and through our partnerships with prime leisure apps. With 100 million PlayStation 4s out there at the moment, our group continues to develop and thrive. We’ll proceed to ship the perfect leisure experiences throughout the community, together with different key gaming companies, together with PlayStation Now and PlayStation Plus.
We’re very pleased with what PlayStation Vue was capable of accomplish. We had formidable objectives for a way our service may change how folks watch TV, showcasing PlayStation’s capability to innovate in a brand-new class throughout the Pay TV business. We wish to thank all of our clients, a few of whom have been with us since PlayStation Vue’s launch in 2015.
We recognize your continued help as we transfer via this transitional interval and look towards the longer term.