Sony Computer Entertainment Europe has issued a press release announcing their intention to launch a new online music video service for Playstation 3 called 'VidZone'.
VidZone will offer free streaming music videos to Playstation 3 owners across Europe, Australia and New Zealand. The service will allow users to watch the videos either on their Playstation 3 or on their PSP via Remote Play.
The service will also include the ability to stream full playlists of music videos or build your own playlists. In addition, users will be able to download songs, music videos and ringtones for a 'small charge.'
VidZone is currently scheduled for launch in early 2009. Sony also promised that a comprehensive film, TV and music download service is in the works, and will be made available at a later date.