UMD Goes The Way Of Betamax

By Garth Franklin Thursday March 30th 2006 11:33PM

A year after it was launched in the US, the Sony PlayStation Portable's days as a hand-held movie-viewing device might be numbered reports Reuters.

Disappointing sales have slowed the flow of movies on the proprietary Universal Media Disc to a mere trickle, and at least two major studios have completely stopped releasing movies on UMD, while others are either toying with the idea or drastically cutting back.

Retailers also are shrinking the amount of shelf space they've been devoting to UMD movies, amid talk that Wal-Mart is about to dump the category entirely.