Sony's UMDs turn out to be about as plentiful as WMDs

A year after it launched as the tonic that might grow green cash on the bald pate of Hollywood, Sony yesterday announced that the UMD, or Universal Media Disc may soon be usable only as a shiny coaster.

Yes, the Hollywood Reporter (free) and the Motley Fool (paid) both offer takes on why, but we’ll summarize for you in a single quote:

“No one’s watching movies on PSP,” said the president of one of the six major studios’ home entertainment divisions.

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