PS4 service

PS4 and Vita cloud service

Sony just announced a new on-demand service that doesn't use traditional satellite or cable services. Instead, it's cloud-based. Sony is calling it PlayStation Vue.

According to Sony, PlayStation Vue is available through the PS3 and the PS4. There are no contracts and no hidden fees. However, expect more details about pricing at a later date.

PlayStation Vue allows viewers to save their favorite shows to the cloud and view them for up to 28 days. Viewers can also have on-demand access to the last three days of TV programming.

Sony is holding an invite-only beta this November, during which 75 channels will be available, including programming from the following networks: CBS, Discovery, Fox, NBC Universal, Scripps Networks Interactive, and Viacom. Sony says more network partners will be announced in the future.

PlayStation Vue is slated for launch during first quarter 2015. It's set to expand to non-Sony devices, including the iPad.

Below, you can see the full release from Sony:

Introducing PlayStation Vue, Sony's New On-Demand TV Service

Sony Network Entertainment International And Sony Computer Entertainment Unveil PlayStation™Vue, A New Cloud-Based TV Service That Pioneers The Future Of Television

Access live TV and on-demand content without a cable or satellite service

Select PlayStation®4 and PlayStation®3 Owners Will Be Able to Preview the Service in Beta Starting This Month

SAN MATEO, Calif., Nov. 13, 2014 /PRNewswire/ — Sony Network Entertainment International LLC (SNEI) and Sony Computer Entertainment Inc. (SCE) today unveiled PlayStation™Vue, a pioneering new cloud-based TV service that reinvents the television experience.

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