You Pay For It, We Own It - Sony’s $7.9B Lawsuit

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Sony is facing a $7.9 billion lawsuit that could impact over 9 million players. They’ve been accused of deleting purchased movies, TV shows, and games—items customers thought they owned forever. This lawsuit, filed by consumer advocate Alex Neill, challenges Sony’s alleged abuse of its dominant position, charging high prices and restricting competition on the PlayStation Store. Recently, the UK tribunal approved the case to proceed, setting a major precedent. Sony’s recent actions, however, suggest a broader strategy shift. By merging platforms like Crunchyroll and expanding into anime, music, and gaming, Sony aims to create a unified entertainment platform. This new strategy could offer convenience but raises concerns about consumer control, prices, and content ownership. In this video, we break down Sony’s evolving approach and what it means for digital media’s future.

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Timestamps:
0:00 - The Sony Lawsuit
4:29 - Digital Ownership
9:06 - Sony’s Strategy

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Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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