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Indeed, PSP sold 7.4M as of April 07 yet UMD movie sales are dead in N.A.

Posted by 4season on July 2, 2007 at 19:49:54:
Sales of movies on UMD media for Sony's Playstation Portable suggest that you can't always count on a "trojan horse" effect!

From 2005, articles hailing the success of UMD movies:
http://www.mp3newswire.net/stories/5002/umd.html
http://www.usatoday.com/tech/products/gear/2005-05-22-handheld-movies_x.htm

From 2007, UMD movies not selling well, studios cut back:
http://www.geek.com/umd-movie-sales-falling-hollywood-cuts-back/
http://www.engadget.com/2006/02/16/breaking-news-sonys-umds-arent-selling-well/

Wikipedia article on UMD:
http://en.wikipedia.org/wiki/Universal_Media_Disc

I've said it before, and I'll say it again: Success is not assured for either Blu-Ray, or for HD DVD, so if you like your movies in 1080p, show your support for them now! And if they fail, don't count on a superior new format to emerge from their ashes: It didn't happen with SACD and DVD-A, so why expect it here?