Sunday November 17, 2019
Home Lead Story Reportedly, S...

Reportedly, Sony Plans to sell off PlayStation Vue Streaming Service

PlayStation Vue's most basic plan increased by $5 per month, but the streaming service is still continuing to lose money

0
//
Sony
For now, the PlayStation Vue app is still available on Roku, Apple TV, and of course, Sony PlayStation 4. Pixabay

 Sony is reportedly looking at selling its live TV streaming service PlayStation Vue as it struggles to turn a profit.

The company has reportedly recruited Bank of America Merrill Lynch to explore the possibility of selling off its PlayStation Vue streaming service.

Sony has already approached at least one potential buyer, the sports-focused streaming service FuboTV, with a sale that would include the service’s approximately 5 lakh subscriber base, alongside its underlying technology, The Verge reported.

Recently as this summer, PlayStation Vue’s most basic plan increased by $5 per month, but the streaming service is still continuing to lose money.

Sony
Sony is reportedly looking at selling its live TV streaming service PlayStation Vue as it struggles to turn a profit. Pixabay

Vue was launched as an ambitious original project as one of the first broadcast-over-IP cable-replacement services in 2015.

Last year, PlayStation Vue has lost nearly 2.5 lakh subscribers, putting it significantly behind its compositors like Hulu or Sling TV.

ALSO READ: Instagram Expands Self-Harm Ban to Memes and Cartoons

For now, the PlayStation Vue app is still available on Roku, Apple TV, and of course, PlayStation 4. (IANS)

Next Story

For U.S. Military Veterans, Apple Providing Health Records On iPhones

The Department of Veterans Affairs runs the largest integrated health care system in the United States, with 9 million veterans enrolled and more than 1,200 facilities.

0
Apple providing Health Records to Veterans via iPhones
Apple has been working on partnerships with health care organizations to allow access to health records on its devices, promoting their privacy and security features.

Apple Inc on Wednesday said that U.S. military veterans who use its iOS devices and get medical care from the Veterans Health Administration will be able to access their health records on the devices.

The Department of Veterans Affairs runs the largest integrated health care system in the United States, with 9 million veterans enrolled and more than 1,200 facilities. Apple began working with the department this summer to allow access to health records from the system on iPhones and other Apple mobile devices running its iOS operating system.

Apple has been working on partnerships with health care organizations to allow access to health records on its devices, promoting their privacy and security features. Data stored in the health app on iPhones is encrypted in such a way that Apple cannot read the data, even if the data is backed up to Apple’s iCloud service.

Apple has also worked out similar health record access arrangements with about 400 groups in the health care industry, including Johns Hopkins, the University of California San Diego, Quest Diagnostics and Allscripts, the company said. Apple’s system allows the user to access records from all of those providers in one place on their device. (VOA)