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Sony plans to launch an online, paid TV service by the end of the year, poised to hit the PlayStation 4, PlayStation 3 and high-definition TVs, You must login or register to view this content. reports. Sony has inked a deal with Viacom, the American media company, to carry Viacom cable channels on an internet-based TV service for Sony products, the report says.

Sony intends to stream on-demand programming and cable channels online, and the service includes a "recommended programming" feature, partly influenced by content providers and partly based on an algorithm of a user's viewing habits, the site says.

Viacom's channels include MTV, Comedy Central, BET, Logo, VH1 and Spike. On June 26, Sony renewed a trademark for "You must login or register to view this content.," covering hardware and streaming services.

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Now they need something for Europe.

PlayStation TV might not necessarily be this but its definitely good news,

i was hoping PlayStation TV would be a updated peripheral of the current PlayTV hardware.