Sony has announced that it will be shutting down its PlayStation Vue TV streaming service on January 30, 2020. The company cites a hugely competitive field and a desire to focus on its core games business as reasons why it’s pulling out of the TV streaming business.

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“Today we are announcing that we will shut down the PlayStation Vue service on January 30, 2020,” Sony Interactive Entertainment deputy president John Kodera writes in a new blog post. “Unfortunately, the highly competitive Pay TV industry, with expensive content and network deals, has been slower to change than we expected. Because of this, we have decided to remain focused on our core gaming business.”Sony launched PlayStation Vue in 2015 as a cable-cutting internet TV service. Members could watch several TV channels live over the internet including channels like CBS, ABC, Fox, NBC Universal, and more starting at $40 a month. In 2018 PlayStation Vue reported 745,000 subscribers.While PlayStation Vue came out relatively early in the Pay TV space and was well received by critics, there has been increasing competition from companies like YouTube, Hulu, and Sling TV in recent years.PlayStation owners can still watch shows and movies on their consoles thanks to apps like Netflix and Hulu but Sony’s first-party offering in the streaming space will no longer be available.

Matt Kim is a reporter for IGN. You can reach him on Twitter