If you're looking to cut the cord, you now have another option with PlayStation Vue, a live TV streaming service that's available starting Wednesday. Initially coming to the Chicago, Philadelphia and New York markets, the service will provide local live TV channels with content from CBS, NBC, Fox, Viacom, Discovery and others for $50 a month. There are other options, which will include more content for 60 and 70 dollars a month. Much like traditional cable, the service blends in live TV streaming and provides on-demand access to previous content for 28 days since they were first broadcast. Users don't need a DVR as the content is served from Sony's cloud service. Sony plans to expand the service to other US markets later this year as well as to non-Sony platforms like the iPad and other Internet connected TVs. The service is missing key channels like ESPN and HBO which are available on cable and competing streaming services. Sony didn't say whether those channels would be added, but it is talking to major content providers. Nick Barber, IDG News Service.