Sony Reveals PS3 Movie Downloads, Denies Price Cuts

February 17th, 2007

Obviously a price drop is out of the question this early for the PS3. Like the article states it was talked about as a cost reduction on the manufacturing side of things. Someone who doesn’t understand the term apparently decided to run with it. Anyone with basic knowledge of technology would understand that the cost of production and the relative parts will reduce in price as technology expands so rapidly. With the demand of these consoles it would be quite unreasonable to think that a retail price drop was in order.

Also, the “revealing” of the mass media options isn’t necessarily big news either, but I felt it should be known that it is probably pretty close. XBox 360 already has the service so the Playstation 3 is just putting it out there. The system was designed as has been touted as a multimedia system forever and this just shows that it may be sooner rather than later.

In a recent interview with 1UP, Sony’s Phil Harrison revealed plans to expand the PlayStation 3’s functionality to include “not just games but movies, music, HD, standard definition TV,” as part of a 10-year plan for Sony’s latest console.Last November, Microsoft launched its own video download service, called Xbox Live Video Marketplace, which allows Xbox 360 Premium owners to purchase and download movies and TV shows. Analysts are predicting great success for Microsoft’s new service, estimating that it could generate $92 million in 2007 and as much as $762 million by 2011.read more