UMD Format's Death Rattle Begins
Next Generation reports that Wal-mart is dumping the UMD format, because no one was buying movies with the media. Above and beyond that decision, the studios are unimpressed as well. From the article: "One unnamed president of a major studio is quoted as saying, 'No one's watching movies on PSP. It's a game player, period.' Universal Studios Home Entertainment has ceased UMD production. One exec told Reuters, 'Sales are near zilch. It's another Sony bomb.' Paramount is also considering its future with PSP's format. An exec said, 'We are on hiatus with UMD. Releasing titles on UMD is the exception rather than the rule. No one's even breaking even on them.'"
At least Betamax had some technical reasons for people to consider it better than VHS. UMDs cost the same as (or more than) DVDs, with less resolution.
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"Open source is good." - Steve Jobs
"Open source is evil." - Microsoft
well stone the crows... the format was effectively dead, in that it required you to have a PSP... whereas you could go out and purchase a portable DVD player that took your existing disks for a fraction of the cost of a PSP... the only people who were in the market for UMD then were those few PSP owners who were stupid, or else didn't have an existing DVD player and TV to watch them on...
Donald 'Duck' Dunn: We had a band powerful enough to turn goat piss into gasoline.
I think studios saw sales spikes from novelty purchases ("Hey, my PSP can play movies! I should try one") and quickly flooded the market with the same kind of crap they were able to sell at the begining of the DVD market. But no one wants to rebuild their catalogs on UMD like they did on DVD. I think there really is a UMD movie market, but assuming it's a duplicate of the DVD market is probably a bad idea.
Dude, I think I can see my house from here.
A proprietary format that is similar in price to a DVD but (I'm assuming) a fraction of the resolution is failing. Mean while, you can purchase the full resolution DVD, Buy a Memory Stick (which aren't terribly priced now as I rexcall), and convert the movie to a PSP format and put it on the stick. I for one am not surprised. With the push for GPU companies to support hardware encoding, the conversion time may eventually not even be a problem for those that do go this route.
In undeveloped countries, the consumer controls the market. In capitalist America, the market controls you.