Sony is considering the possibility of launching a movie download service. If that happens, it will compete directly with Apple iPod and itunes producing its own movie download service and products.
Sony spokesman Shigenori Yoshida said, "Music and video downloading has been available through networks and we are looking into the area as a possible business."
Last week Sony revealed a new Walkman video player that comes with Microsoft Corp's Windows Media Player 11 that is capable of managing digital libraries in the US and Europe. The LCD mounted players, which will be compatible with MPEG-4 encoded video and AVC, are already available in Japan.
During CEO Howard Stringer's tenure in 2005, Sony was forced to cut jobs, close down plants and dropped unprofitable divisions in a turnaround attempt that the company has been trying to put into place since then.
Stringer is reportedly going to use Sony's PS3 and and Play Station portable videogame machines, apart from its Bravia HD television sets to create products and services that will enable users to download television shows and movies in a similar manner that it is downloaded on Apple's Tunes store and iPods.
In late August, Sony said it would phase out operations at its Connect digital music store in favor of a new breed of digital media players open to more formats. It had also announced that it was shifting emphasis to other network services, specifically one for users of its Play Station game consoles.
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