Sony's online TV service draws more notice

Goldman Sachs likes the long-term potential of Sony (SNE +1.4%) to make a huge splash with its online TV initiative.

The company has already secured a deal with Viacom for content and is reportedly in talks with several other major TV programmers.

If it can pull off a few more deals, Sony's Entertainment Network could be a formidable challenger to Hulu and Netflix.

Due to short-term overhangs, Goldman keeps Sony stuck on a Neutral rating.

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Comments (2)
  • Dragenn
    , contributor
    Comments (71) | Send Message
    Wonderful this give Goldman Sachs plenty of time to load up before it's reflected in price. Then they can give the BUY rating and sell your shares. at crazy profits.


    Glad we have analyst who help the little guy. Imagine a stock with great long term potential is given a hold rating because of "short term over hangs." Has the market become speculation alone???
    27 Aug 2013, 03:27 PM Reply Like
  • toonies
    , contributor
    Comments (447) | Send Message
    I hope to see Sony online tv in my incoming PS4. Ideally like a service included into my PS plus account.
    27 Aug 2013, 06:37 PM Reply Like
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