Subscribe / Unsubscribe Enewsletters | Login | Register

Pencil Banner

Sony doubles down on PlayStation, but may sacrifice phones, TVs

Mark Hachman | Feb. 23, 2015
It looks increasingly likely that Sony will exit both its TV and smartphone businesses as part of a restructuring plan outlined today by Sony executives in Japan.

Interestingly, Sony also said it was interested in pursuing more "recurring-revenue business models," which usually means subscription-based services. For example, Sony's PlayStation Now business, which lets users stream PlayStation 3 games onto their PS4. In January, Sony transformed that into a subscription business, charging $20 per month for an all-you-can-play option. 

The businesses that Sony is targeting for subscriptions include its Media Networks business, operated by Sony Pictures--implying that Sony may offer a Netflix-like service. An odder choice is "interchangeable lenses and accessories within the Digital Imaging business," Sony said, which implies some sort of subscription to compete with LensRentals.com or something similar. 

 

Previous Page  1  2 

Sign up for CIO Asia eNewsletters.