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Kotaku
Guess what? Just because the PSP can play movies on it, doesn't mean that the majority of people want to run out and watch movies on its screen. Variety reports that Sony's handheld hasn't turned out to be the second coming in movie viewing that Sony hoped it would be. UMD sales aren't blowing anyone away (they for the most part blow) and as a result studios are cutting back the number of UMDs they make. Gee, what could've caused UMD sales to sag? Could it be that the UMD format movies were grossly overpriced? Could it be that watching movies on a handheld doesn't appeal to the "average consumer?" Could it be that not everyone has a public transportation commute where something like watching a movie on a handheld would be a pretty decent way to pass the time? UMD Prices were too high from day one and with studios starting to pull back the titles they were going to issue on UMD the window of opportunity that otherwise may have been there - is closing.
A Pause in the Action [Variety]
