Why Sony Is Shutting PlayStation Vue and Walmart Wants to Sell Vudu
With so many people cutting the cord to cable, it seems an odd time for Sony (NYSE: SNE) and Walmart (NYSE: WMT) to exit streaming video. Seemingly almost every network and studio wants to get into the market, but Sony announced it is shutting down its PlayStation Vue, and if Walmart can find a buyer, it's rumored the retailer is willing to sell Vudu.
Considering Apple launched Apple TV+ at the beginning of November and Disney kicked off Disney+ almost two weeks later, is this a warning sign for the tech industry and streaming video players, or for cord-cutting in general?
Well, yes and no.
Source Fool.com
