thefickler writes "According to Reuters, Sony has announced that it will launch a video-sharing site in Japan as part of its 'quiet software revolution'. Speaking at a press conference in Tokyo, Sony CEO Howard Stringer said that the new site will be 'an opportunity to transmit user-generated video anywhere you want to, anytime to anybody, in a protected environment.' The new site, which will be called eyeVio, will be first launched in Japan, although Sony hopes to also launch it overseas should the Japanese version prove a success. It will be free to users, and the idea is that Sony will eventually generate revenue through advertising."
Read more of this story at Slashdot.
Link To Original Article
Sony Takes on YouTube with Video-Sharing Site
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