Sony Considers Internet Rival to Cable TV

Apparently, Sony is considering launching an Internet-based alternative to cable-TV service, the latest threat to cable and satellite operators that now dominate pay television.

The Japanese electronics and entertainment company has approached several big media companies that own TV channels to negotiate the rights to offer TV channels over the Web to U.S. consumers. Sony is proposing to beam the channels over Internet connections to Sony-made devices including PlayStation gaming consoles, television sets and Blu-ray player.