Sony web TV plans could undercut cable

Sony is reportedly scheming a web TV system intended to pull the rug out from under cable operators, delivering more affordable TV content via the internet to the PS3 and other Sony hardware. The company has opened talks with NBCUniversal, Discovery and News Corp, the WSJ's sources claim, though Sony's apparent aim to license a smaller package of channels - to keep its own costs, and subsequent user fees, low - is said to not be going down well among content creators.