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UMD died?

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Reuters is reporting that Universal Media Disc, Sony’s PSP-only movie format, is about to kick the bucket. While the discs’ novelty factor resulted in strong sales shortly after the PSP’s May 2005 launch, interest rapidly dropped and movie companies are no longer interested in producing titles.
From the article:

Universal Studios Home Entertainment has completely stopped producing UMD movies, according to executives who asked not to be identified by name. Said one high-ranking exec: It’s awful. Sales are near zilch. It’s another Sony bomb — like Blu-ray.


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