Sony Goes After Apple With TV, Film Downloads

Video downloading may turn out to be even bigger than music
By Jason Farago,  Newser Staff
Posted Sep 4, 2007 11:27 AM CDT
Howard Stringer, CEO of Japanese electronics and entertainment giant Sony Corp., right, poses with Chinese students during an event held in Beijing in this Oct. 30, 2006 file photo. Stringer promised...   (Associated Press)
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(Newser) – The iPod may have displaced the Walkman, but Sony is fighting back: The Japanese company with the Welsh CEO plans to roll out new video-downloading services for its high-def TVs and PlayStation devices, the Journal reports. Insiders at Sony suggest Howard Stringer will bet big on the video-downloading market, which analysts predict could be significantly larger than digital music.

Although Sony is entering a highly competitive market, it does so with a distinct advantage: Content producers that have been angry at Apple's domination should be more amenable to working with Sony, which owns a film studio. "The real key is going to be who is providing the best high-definition experience for viewers," says one analyst.