Sony jumps into the movie and music streaming business (Updated)

by Justin Horn on Sep 1st, 2010 @ 11:51 am

UPDATE Official announcement on Sony website

On the same day Apple is believed to announce a new iTunes streaming service, Sony has jumped into the game.

Stuart Miles from Pocket-lint:

Today at the IFA 2010 show in Berlin, Sony announced that “Video On Demand powered by Qriocity”, a premium streaming video service, will be available this autumn in five European countries including France, Germany, Italy, Spain and the U.K.

But it’s not just about video, Sony has said that will also launch a music cloud base service too.

Netflix…uh oh.

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