Commissario
Just reading one of my regular haunts (Anime on DVD), and they have a note about how the studios in general are admitting that apart from a very narrow demographic the UMD movies for the PSP are not selling well.
It's not really suprising given the fact the format is only good for the PSP, and many people will already have the DVD's so wouldn't want to pay out for a bare bones "portable" version at higher cost than the DVD.
Finally revealing what many in a number of companies have been unwilling to say publicly, Variety has an article up talking about how PSP UMD movies are not making the sales expected and many studios are intending to cut back. Certain types tend to do well, such as comedies that appeal to young men, but many others are not performing well at all.
It's not really suprising given the fact the format is only good for the PSP, and many people will already have the DVD's so wouldn't want to pay out for a bare bones "portable" version at higher cost than the DVD.