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Disney, PlayStation just agreed to a major Internet-streaming deal

Disney’s ESPN, ABC and other networks are coming to PlayStation Vue members on Sony’s PS4 and PS3 consoles.

PlayStation Vue, the live and on-demand TV streaming service for Sony Corp.’s gaming and entertainment PlayStation console, has snagged Walt Disney Co.’s portfolio of networks for its Internet-streaming viewers.

Disney DIS, -0.25% and Sony Network Entertainment International SNE, -0.42% which oversees PlayStation Vue, on Thursday announced an agreement that will offer sports network ESPN, local ABC stations, ABC Family, Disney Channel, and other networks to stream for PlayStation Vue members—the first time all Disney, ABC and ESPN channels will be available on a multistream pay TV Internet service, according to a news release.

No timetable for...