Sony (NYSE:SNE) is boosting its options by agreeing to develop a live-action adaptation of acclaimed comic book Powers for PlayStation TV, Fool contributor Tim Beyers says in the following video.

In some ways, the timing couldn't be better. Twenty-First Century Fox (NASDAQ:FOXA) tried and failed twice to get a Powers pilot on air. Last year, Microsoft (NASDAQ:MSFT) announced plans for an Xbox TV series based on the hit game, Halo. Sony is defending its turf with a property that fans want to see.

Granted, it's more likely to be a defensive move. The console war is heating up with Valve introducing Steamboxes, and the Xbox One commissioning a huge exclusive in Titanfall. Exclusive PlayStation TV programming could draw gamers otherwise on the fence to Sony's consoles.

Yet, the story doesn't begin and end there. Sony is a studio, after all, and producing content is key to its business. The "Pictures" segment responsible for movie and TV production and distribution accounted for 10.7% of revenue and 20.8% of operating profit in the most recent fiscal year, a portion of which derives from deals to resell original programming via DVD, Blu-ray, on-demand, international territories, and the like.

In that sense, PlayStation TV could become a long-term seeding ground for properties that go on to produce years of high-margin, annuity-style license revenue. Just the sort of deal that could help Sony boost cash flow for feeding the sorts of franchise-building efforts needed to differentiate the studio from its peers.

If you're interested in getting exclusive, unfiltered access to Motley Fool co-founder and CEO Tom Gardner's personal "Everlasting Portfolio" of stock picks -- a portfolio that's outperformed a stunning 99.6% of similar mutual funds during the past 12 months -- you're in luck. For a limited time only, Tom is inviting new members to apply for "early acceptance" into The Motley Fool's crown-jewel service -- Motley Fool ONE. If you're accepted, you'll be invited to test-drive Motley Fool ONE with zero risk or obligation for an entire 365 days. Simply click here to apply now... time is running out!

Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He didn't own shares in any of  the companies mentioned in this article at the time of publication. Check out Tim's web home and portfolio holdings or connect with him on Google+Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.

The Motley Fool recommends Take-Two Interactive. The Motley Fool owns shares of Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.