Sony to Launch Online Entertainment Store in 2010

Authored by Mark Hefflinger on November 20, 2009 - 11:23am.

Tokyo - Sony (NYSE: SNE) announced plans on Friday to launch a new online store next year that will sell books, music and movies next year, and deliver content to networked televisions and other devices. The company did not provide many details about the "Sony Online Service," as it is tentatively being called, but is expected to be positioned as a competitor to Apple's iTunes Store.

BusinessWeek noted that one difference between the two will be that Sony's service will allow users to upload their own content to personal online accounts.

Sony counts 33 million registered users for its PlayStation Network, which delivers movies and games and links the PlayStation 3 to social networks.

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