"It's just a change in the name of the account," said a Sony Spokesperson. "When PSN users log in after the update, they won't experience any changes in the XMB as they know it." They continued, "The goal is one login in for all Sony devices; It helps clarify the unity between PSN and other Sony Entertainment Network services."
If anything, the rebranding of accounts is perfectly timed for Sony's U.S. launch of the PlayStation Vita, which is aimed not only at gamers but as a cross-media device that offers music and movies as well. In a statement issued by Sony, the company shared:
This transition is based on Sony’s goal to enhance its unique digital entertainment offering. As a series of these activities Sony started last September, PlayStation Network will be aligned with “Sony Entertainment Network.” This helps us get closer to our goal of establishing a global comprehensive network platform of services across games, movies, music and more, all accessible from one convenient account.
PlayStation 3 and PlayStation Vita system owners will be the only ones experiencing the update. PlayStation Portable (PSP) owners will not receive an update for these devices at this time. Sony Entertainment Network accounts will also enable access to Sony's Music Unlimited, Video Unlimited and PlayMemories Online (currently called Personal Space).
Worthy of panic? No big deal? What do you think of the name change?