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As we tipped in February, Sony Computer Entertainment have finally rolled out their new 600 movie Playstation Video Network which will compete head on with Telstra’s Big Pond Movie service which has over 1300 movies on offer.The service which will go live at 1am Thursday 20 May will also compete with Microsoft’s Xbox video service which has been in the market for several months.

What Sony has not explained is whether the movies on offer are back catalogue or first run movies.

Sony claim that they have deals with all of the major Hollywood movie houses however Blockbuster have said that IP networks like the Playstation Network will not get access to new release content until at least two months  after they have been on sale in rental and retail stores.

SCE claim that movies will cost between $3.99 and $7.99 to rent.

They said that their new service will be fully integrated into the PlayStation network, allowing consumers to use the same log in, wallet system and user-interface while searching for movies.

Once users rent a movie they have 14 days to initially watch it, then 48 hours once playback has started which is the same as what Telstra BigPond is offering.

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