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UMD movie productin being scaled back

by: Chuck -
More On: PSP
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.