News More Playstation Portable (PSP) details come to light

From The Register:

A host of new details about Sony's forthcoming PlayStation Portable (PSP) console have been revealed by SCEE president Chris Deering at a summit in London, including software pricing details and the company's view on the Game Boy Advance.

Games for the device will be released on Sony's new Universal Media Disc (UMD) format, rather than on memory sticks as some had predicted, and Deering hinted that the pricing system for the titles would be flexible, allowing some to be priced significantly lower than others.

Some games, he revealed, could be priced "as high as €50 or €60 no doubt", but he added that the majority of games would be closer to the €20 to €30 price range, "given the time slots these will be played in". Sony has clearly learned a lesson that Nintendo has not - portable games, for the most part, need to be priced as impulse purchases.

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