Sony is shutting down its pioneering online-cable alternative, PlayStation Vue, citing the high cost of content and the difficulty of reaching deals with networks.
It launched Vue in early 2015 as a skinnier, cheaper version of cable or satellite TV delivered via the internet. It was a test case for a TV alternative alongside Dish's Sling TV, and, later, a slew of copycats from DirecTV , Google , Hulu and others.
These services were initially heralded as the future of TV as cable cord-cutting ramped up. They offered popular TV networks for less than you'd pay a cable company. Signing up and canceling were easy, with no need for a cable guy to come to your house.
But customer growth has slowed and even dropped for many of these services as prices rose and they added more channels, coming closer to their traditional TV counterparts. AT&T's version, formerly known as DirecTV Now, today AT&T TV Now, has dropped customers for More