Video Sony’s PlayStation Vue raises price of streaming TV service by $5/month

[Y2kTheNewOldies]

https://www.fiercevideo.com/video/s...-raises-price-streaming-tv-service-by-5-month

Part of this is to compete against other MVPD's

Sony’s PlayStation Vue is following suit with its virtual MVPD competitors and raising prices on all tiers of its streaming TV service.

The company confirmed the move and said the change starts today for new customers. Existing customers will keep their current price for at least 30 days and will see the new price beginning on their first billing cycle on or after July 31.

“At PlayStation Vue, we always strive to provide the best live TV viewing experience at the most compelling value to our customers. This includes both the content that is popular with our overall customer base, as well as the key features that make PS Vue the best place to watch,” the company said in a statement. “With costs rising each year for content, we constantly evaluate each deal to ensure we continue to deliver the content you want while considering the overall value of each package. After reviewing this, we have made the decision to raise the price of all of our multi-channel plans by $5.”

 

[anotherguyTN]

This article doesn't tell if Sony has settled their disputes with several channels whose contracts were supposed to run out at the end of June, including AMC, Discovery, NBCU and Turner. If even a few of these haven't been settled or at least extended untli an agreement is reached there is no justification for them increasing their prices.