Sony preps video store to fill hole in PSP film revenues
What took it so long?
According to recent headlines, Sony is somehow going to challenge Apple iTunes with a film download service straight for the PSP. Instead those headlines should have asked why it has taken so long.
Sony is uniquely placed to offer a film download service in that it has a music download service in its Connect system, it has a perfect handheld video device in the PSP, and a High Definition device in the PS3, it makes PCs and it happens to have access to 8000 major motion pictures, and it has been promising to execute on online films for around 18 months.
It was a widespread fact in the Summer of 2005 that Sony had issued a new firmware upgrade that layered the H.264 codec onto the device, and it began experimenting with free video downloads as early as August last year in its native Japan, where it was being managed by its own ISP, So-net under the brand of Portable TV.
Full article: The Register