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No more PSP movies?

02.17.2006

Sony hoped that the ability of its portable gaming system, PSP, to play movies would be a big draw to the console and help turn the PSP into a iPod-like must-have. So far that logic has been flawed. Sales across the board have been way below expectations, though backers say comedies like NAPOLEON DYNAMITE and "Chappelle's Show" have sold well. Piracy also seems to be an issue with hackers finding ways to rip DVDs on the PSP memory stick to circumvent having to buy them outright. As a result a number of studios are pulling PSP titles from the market including Warner Bros. who dropped plans for six upcoming titles including GOODFELLAS. Paramount also said they have no plans to release any new PSP titles in the coming months. All this comes as retailers are taking prime shelf space away from PSP titles as growth has stalled. Sony, not looking to give up yet, has said it will begin to bundle DVD and PSP titles together and will introduce a new adapter that will allow users to connect their PSP to their TV and watch movies on the big screen. Sony is also cutting back on PSP titles until they can figure out a way to make the format work.

Source: Variety

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