Universal, Paramount end UMD production

Both Universal and Paramount have pulled out of the UMD business, along with Image. According to The Hollywood Reporter, both 20th Century Fox and Buena Vista Home Entertainment are also cutting back production of the PSP-only movie releases.
- Front Mission 3 Coming to PSP in Europe
- PSP Phone: The Most Intriguing Rumor to Date
- American Player Chosen For Cover of FIFA 11
- Toy Story 3 is Top Selling Video Game in UK
- PSP Platform Rules For Konami in Q1 2010
- GoW: Ghost of Sparta Pre-Order Incentives and Bundle
- iPhone Hit Angry Birds Coming to PSP
- Sony Releases Pair of New Firmware Updates
- Tactics Ogre PSP Announced, But Not Release Date
- NPD: Peace Walker Sells Only 52,000 Copies in June
- Could Groovin Blocks Be The Next Lumines?
- Monster Hunter Portable 3rd Trailer Reveals New Monsters
- Ice Road Truckers Rolling Onto PSP
- Undead Knights Gameplay Blends Strategy and Action
- Half Minute Hero Breaks New Ground on PSP
- Check Out the Latest Aliens vs. Predator Trailer
- The Best Place to Download PSP Games? Go PSP
- Dead or Alive Paradise Jiggles Its Assets in New Trailer
- Latest Gameplay Details for MGS: Peace Walker
- Metal Slug XX Special Character Abilities
- PSP Go Price Drops to $169 USD, PSP 3000 to $129
- Watch Maker Experiments With Augmented Reality
- Learn Some Flash Foosball Tricks With Nokia
- Amazon Offers Free Blackberry, HTC or Samsung Smartphones
- Should Sony Fear the Nintendo 3DS?
- Sony PSP 2 is Real, Features Cell Processor
- 5 Essential PSP Go Accessories
- Get All Your Mobile Gaming News From GameFlavor
- Tilt FX Motion Control Accessory For PSP
- PlayStation Move: A Genius Move or a Stroke of Stupidity?
"No one's watching movies on PSP," said the president of one of the six major studios' home entertainment divisions. "It's a game player, period."
Amidst this bad news come reports that retailing giant Wal-Mart might be considering dropping UMD sales altogether, while the presence of UMD-devoted shelves is also shrinking at other retailers. Several observers seem to feel that part of the problem was the release of too many movies in too short a time frame. By August 2005, a mere five months after the PSP's launch, 239 movie and TV titles already were either in the market or scheduled for release — a significantly higher tally than games, according to the DVD Release Report. Even Sony Pictures head Benjamin Feingold admits they are being "more selective" in the films they are choosing for UMD release.
A high-ranking executive with Universal said, "It's awful. Sales are near zilch. It's another Sony bomb — like Blu-ray."
While it is rather premature to begin declaring the doom of a format that has neither launched nor had any competition make it to market yet, there is hope for the UMD format yet. Next week, SCEA executives are expected to make visits to many of the Hollywood studios to discuss plans for making the PSP able to connect to TV sets.
Tasty Talk. Join the conversation on the GameFlavor Forums!
GameFlavor Forums
- Go PSP. Unlimited PSP Downloads!
- Net Games Now! Unlimited Video Game Downloads!
- Join over 3 million people enjoying the widest range of free games including RPG, sports, racing, FPS and more!
- Get access to the largest downloading network on the planet!
- Overload Your Console! Unlimited Movies Downloads For PS3, PSP!
- Get instant access to unlimited game downloads! No download fees!
- Get Free Calls! Download Skype for PSP!
Recommended Sites
- PSP. My Media Center! The best place to download Games, Movies, Music for PSP!
- Get instant access to unlimited PSP game downloads! No download fees! Join over 3 million enjoying free games, music, movies and TV shows!
- Get Your PSP Gear here!
- PSP Download Center Unlimited Access!
- PSP Expert - Unlimited Movie Game & TV Show Downloads!


