Viacom and Sony Sign An Internet Channel Deal

Posted Aug 16, 2013

Sony Corporation has signed a deal with media company Viacom to create channels on the Internet, according to sources with The New York Times.  This deal tentatively includes MTV, Comedy Central, and other Viacom channels.

Viacom currently operates over 20 channels.  This deal would allow Sony to offer real-time programming for subscribers.  Sony is creating their own Internet service that would be similar to Hulu and Netflix.  Sony’s library would also likely include movies made by Sony Pictures.

When Sony launches their Internet TV services, it will likely be available through smartphones, tablets, and the upcoming PlayStation 4 console.

[Source: NY Times]