Sony introduces new service with its Play Station 3

If you own a Plays Station 3 and if you are a resident of the USA, then there is great news waiting for you. From now on, you can download movies and episodes of your favorite television series from the internet with your Play Station3 console. On June 26 2008, Sony Corporation (TYO:6758) said that they are going to introduce this new system in the USA within weeks. Sony has been working on this service since 2006. Sony Computer Entertianment CEO, Kazuo Hirai, said that the service is going to be launched in the USA and then it will be introduced in Europe and Asia. Guardian reports:

Hirai did not go into specifics about the facility and observers expect further pronouncements about the initial library of titles at next month's E3 gaming convention in Los Angeles.

What will be of interest is where the content will come from. Sony's film studio has naturally pledged allegiance to the cause but so far supply deals from other studios have not been completed.

From this autumn, Sony Corporation will also launch a new video service that will allow owners of its Bravia television to access the Internet and stream content.

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Guardian