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Exactly a year after it was launched in the U.S., the Sony PlayStation Portable’s days as a hand-held movie-viewing device might be numbered. Many major retailers and movie studios have begun to eliminate UMDs (Sony’s non Universal Media Disk).

A Paramount Pictures Home Entertainment high-ranking executive was blunt: “We are on hiatus with UMD,” he said. “Releasing titles on UMD is the exception rather than the rule. No one’s even breaking even on them.” Next week, Sony Computer Entertainment executives will begin making the rounds of the Hollywood studios to discuss plans for making the PSP able to connect to TV sets.

In the end, a Sony PSP upgrade with internal memory or larger Memory Sticks can finally get rid of these non-universal disks and allow users greater flexibility with their content.

Read [Hollywood Reporter]

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