Apparently, the playing does stop. Sony discontinues its PlayStation Vita TV, which is commonly known as PlayStation TV in the U.S. and Europe. Shipments in the two regions stopped at the end of 2015, but continues in Asia, at least for now.

GameSpot reported that a Sony spokesperson confirmed the termination of PlayStation TV shipments in Sony Computer Entertainment Europe (SCEE) and Sony Computer Entertainment America (SCEA) at the end of last year.

"Shipment is still continuing in SCEAsia (as of the end of February 2016), and we have nothing to announce regarding the timing of termination," the Sony spokesperson said.

PlayStation TV's PS Store will still be accessible and other PlayStation TV-related material will be updated continuously. But as for PlayStation TV service or applications, Sony will make additional announcements to gamers as needed.

The company didn't provide other details about the shipping terminations in SCEE and SCEA. But according to AV Watch, Sony announced on Monday that they will also cease shipments in Japan.

According to Sony, the device isn't doing well. At least that's what they said in Japan. The official site in Japan said that the device not being shipped anymore. To date, the official PlayStation site has yet to post anything.

PlayStation TV was launched in November 2013 in Japan. Almost a year later, in October 2014, the device arrived in North America, and rolled out in Europe one month after.

The device was launched with a $99 price tag, but now you can buy one at Amazon for only $50. Since its launch, retailers have continually cut down its retail price.

Gamers can enjoy various PlayStation Vita games as well as PSP and digital PlayStation One offerings. The Remote Play option allows the device to stream PlayStation 4 games straight from one PS4 console to a PlayStation TV-enabled tube.

Another great feature is that the PlayStation TV now allows gamers to stream PlayStation 3 titles.

The PlayStation TV seems to have it all, given its multitude of promising features. However, it doesn't seem to perform each feature well enough and have various limitations that often catch gamers off guard.

Since its launch, its competitors such as Apple TV, Shield console (Nvidia) and Fire TV (Amazon) came up with better products, despite some are obviously more focused on video streaming.

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