Its been revealed today by the Wall Street Journal that Sony maybe considering a web-based alternative to the tradition cable based TV service, with an aim to compete with the cable and satellite operators that currently dominate pay TV viewing.

Sources have revealed to the WSJ that Sony has already approached several big media companies to negotiate the rights to offer their TV channels over the Web in the U.S. including : News Corp. (FX, National Geographic, Fox News), NBCUniversal (G4TV, USA, CNBC, Bravo, A&E), and Discovery Communications (Discovery Channel, TLC, Oprah Winfrey Network, Animal Planet).

No information has yet been released on how the service will function but its thought that the new web based service will stream content to Sony’s hardware devices such as the PS3 and HDTVs. As more information comes to light on the new web Based service we will keep you updated.

Source: PC Mag : WSJ