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#expensive

Sony Estimates a $171 Million Cost for the Damage and Restoration of PSN

PSN is free for everyone except Sony.

As a precursor to its fiscal year 2010 earnings report this past Thursday, Sony released a revised earnings statement announcing an estimated $171 million price tag for the shutdown of PlayStation Network. This is a “reasonable assumption,” and Sony states it will have to spend this on its “personal information theft protection program,” not to mention “welcome back programs,” customer support, network security, and legal costs. In addition, Sony has taken into account potential revenue loss from the outage and recovery.

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