Sony to start PS3 video distribution service today
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President and Chief Executive Officer of Sony Computer Entertainment America Jack Tretton addresses attendees at the Sony Computer Entertainment America news conference at the 2008 E3 Media & Business Summit in Los Angeles July 15, 2008. REUTERS/Mario Anzuoni
LOS ANGELES (Reuters) - Sony Corp (6758.T) said it will launch a PlayStation 3-based video distribution service later on Tuesday, taking aim at a stronghold of Microsoft Corp’s (MSFT.O) Xbox 360.
Sony also said movies from at least seven studios including Walt Disney Co (DIS.N) will be available on the service to rent or to own. Television programs will also be available on the video service.
Reporting by Kiyoshi Takenaka, editing by Gerald E. McCormick