Sony Corp. is very near to signing an accord to carry a paid TV service from Hulu LLC, operator of the second-leading video website, on its PlayStation 3 game console, two people with knowledge of the talks, informed.
The partnership could be declared as soon as subsequent week, according to the people, who did not want to be recognized because the arrangement has not been made public.
Access to video-game consoles would offer Hulu’s designed pay service a larger audience and more proceeds by making its Internet programming more broadly accessible on television sets.
Hulu as well is in talks with CBS Corp., Viacom Inc. and Time Warner Inc. to add their TV shows to the website’s subscription service, people with direct information of the negotiations said.
Owners of PlayStation 3 registered for the console’s free Web service, the PlayStation Network, would be capable of subscribing to a Hulu service that offers on-demand access to existing and past seasons of prime-time TV shows from NBC, Fox and ABC, the people said.
Hulu also, is in talks to place its $9.95 a month service on Microsoft Corp.’s Xbox.
Sony fell by 1.2% to 2,462 yen as of 10:52 a. m. on the Tokyo Stock Exchange. The shares of the world’s third-leading TV maker have dropped by 7.8% this year.