UMD movie productin being scaled back

by: Chuck -
It looks like Sony and Paramount are going to be scaling back production of UMD movies due to their higher cost to manufacture and the low sales they've generated so far.  I can't say this is too surprising as given the choice people are more likely to buy the DVD of something and rip the content to a memory stick that they can play on their PSP rather than buying two copies of something.  It does look like they are considering bundling UMD and DVD releases together for a slightly higher price which sounds like a step in the right direction.
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