Sony has announced a new, cloud-based TV service called PlayStation Vue for PlayStation 3 and PlayStation 4 that gives users access to live TV and on-demand content without a satellite or cable subscription, reports Gamespot.

The announcement about Vue came with a statement from Sony Computer Entertainment CEO Andrew House.

"Everyday TV is about to become extraordinary with our new cloud-based TV service, PlayStation Vue," he said. "Today's announcement builds on the historic success of PlayStation 4 and demonstrates what our company is capable of when we embrace disruption and stay true to gamers."

PlayStation Vue Features

Vue's powerful user interface promises to deliver personalized service with features that include ecommendation algorithms that will suggest TV show and movies based on viewing habits and what is trending.

Users can also view an entire catalog of categorized on-demand content with the "Explore" function.

In addition, the service makes the past three days of popular TV shows available without requiring scheduled recordings.

Users will also be able to save favorite shows to the cloud.

PlayStation Vue Beta

Sony has not released information on how consumers can participate, but during the invite-only beta that begins in November for select PS3 and PS4 owners, Vue will offer about 75 channels per market.

The six current network partners, with Sony-provided descriptions, are listed below with more to be announced at a later date:

1. CBS: At launch, PlayStation Vue will offer the live linear signal from CBS Television Network's owned-and-operated TV stations in select leading markets in addition to on-demand prime-time programming.

2. Discovery Communications: Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science, OWN: Oprah Winfrey Network, Discovery Family Channel, and 11 more brandds will participate.

3. Fox: This includes Fox Networks Group's portfolio of national entertainment programming services: FX; FXX; FXM; National Geographic Channel; and Nat Geo WILD. Additionally, FOX Sports' national and regional programming services -- FOX Sports 1, FOX Sports 2, BTN, Fox's regional sports networks, including YES Network, and Prime Ticket will participate. The agreement also covers Fox's owned and operated television stations.

4. NBCUniversal: All local offerings from NBC, Telemundo and regional sports networks as well as Bravo, CNBC, E!, NBCSN, Oxygen, Sprout, Syfy, USA Network, and more are on board.

5. Scripps Networks Interactive: HGTV, Food Network, Travel Channel, DIY Network, and Cooking Channel will be involved.

6. Viacom: BET, CMT, Comedy Central, MTV, Nickelodeon, PALLADIA, Spike, VH1 and more are attached.

Pricing for Vue has not been announced. Sony promises "fair and competitive" pricing without hidden fees or charges. Vue subscriptions will be on a month-to-month basis. All you will need to use Vue is a PS3 or PS4 and Internet access.

Vue is scheduled for release during the first quarter of 2015.

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