Due to the growth of subscription and ad-based streaming services, Sony’s PlayStation Store will stop selling and renting videos on August 31, 2021. The company says existing users will still be able to access their purchased movies and TV after the August 31
Sony began selling movies and TV shows through the PlayStation Store in July 2008. And the PlayStation Store was one of the most popular video-on-demand services for a while, thanks in large part to the popularity of the PS3 as an affordable multimedia solution (it was actually the cheapest Blu-Ray player on the market, plus streaming capabilities) . With Sony pulling the plug on its video distribution service, people looking to buy or rent digital videos are stuck with VUDU, Apple TV, Prime Video, and a few other services.
When this change takes effect, users will still be able to access movie and TV content purchased from PlayStation Store for on-demand playback on their PS4, PS5 and mobile devices. We thank our fans for their continued support and look forward to further improving the entertainment experience on PlayStation.
Sony guarantees that customers will still be able to watch their purchased movies and TV shows, but the company has yet to clarify how it will support video-on-demand customers in the future. The PlayStation Video mobile app already feels a bit outdated, and the idea that Sony will continue to support its old and unprofitable video platform seems a bit optimistic.
Source: Sony via Engadget