Seeking Alpha

Sony takes big step in developing online TV service

Sony (SNE -1%) worked out a deal with Viacom (VIAB -1.6%) to funnel its shows to a new online TV service that it's developing, according a report from the WSJ.

A content deal with Viacom could give Sony an edge as it races heavyweight rivals in offering consumers a viable Internet TV service.

The company is also reportedly talking to Disney and CBS, which if a deal is struck, would give Sony's online TV service an entry into sports along with a huge amount of programming.

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Comments (1)
  • erblackiv
    , contributor
    Comments (16) | Send Message
    And the market said pffffftttt. This current downtrend ends at....18, 16, 14 or...the bottom. Big and mostly clueless and anything could still happen. Eventually going to 35, mostly on continued Yen weakness, not because they're doing that much right.
    15 Aug 2013, 04:43 PM Reply Like
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