Sony is very well positioned right now in console gaming but what kind of future is there in that market 5-10 years from now? I don't really hear much about Playstation Now and it seems like a wasted opportunity.
You don't hear much about PS Now because internet speeds are still -- on a global basis -- very poor. We witnessed a similar situation when Netflix streaming started out, i.e. The majority of movie and TV Show consumers saw little value in the streaming service compared to their DVD rental service. Internet gets better = Service gets better. Obviously gaming has a lot of unique challenges (e.g. Input lag), however, technological advancements -- in this case, faster and more reliable internet -- can eliminate the unique challenges that the service faces.
It's going to take time, no doubt about it.