Sony will abandon the rental and sale of movies and series in its PlayStation Store, impossible to compete with the Netflix of the world
Next August 31, 2021 Sony will stop offering the purchase and rental of movies and TV series on the PlayStation Store. The decision comes after the absolutely overwhelming success of streaming services like Netflix, which have made the alternative proposed by Sony not particularly relevant.
Sony’s own managers acknowledge that they have seen how the number of users who use streaming service applications on the PlayStation has grown “tremendously”, and that has made them want to focus on other areas and drop that video content offering.
Too much competition
Vanessa Lee, head of the video division at Sony Interactive Entertainment, explained how the company’s goal is “offer the best entertainment experience for PlayStation fans “.
The domain of services such as Netflix, HBO or Disney + that can also be seen through the Sony console makes the offer of video content apparently unnecessary that had even been active for more than a decade.
Although the pandemic has fueled the growth of the streaming industry, the sheer number of competing services has led Sony to come to an obvious conclusion: the income generated does not compensate the investment of time, money and effort that is necessary to keep that offer available.
Although the PlayStation Store stops selling and renting this content, users who have purchased a title will continue to be able to enjoy it on both the PS4 and the PS5 and on mobile devices.
In January 2020 Sony already abandoned its virtual pay television service, PlayStation Vue, and this announcement shows that Sony’s focus is shifting away from this type of option.
In Engadget we have wanted get in touch with Sony Spain to confirm the closure of the service also in our country on that date. We will update the news if we receive new information in this regard.
More information | Sony