Sony Cuts European PSP Price

Sony Computer Entertainment Europe (SCEE) has announced that the price of the PSP is to be dropped in Europe, with an official discount which is roughly equivalent to the $30 price decrease announced earlier in the month for North America. The price of the PSP Core bundle will fall from €199.99/£149.99 ($271) to €169.99/£129.99 ($230). Earlier in the month, a price drop in the U.S. was announced from $199.99 to $169.99, although the effect of this change on sales has not yet become clear in the latest NPD data. SCEE officials have also announced that the registered retail price of budget priced Platinum re-release titles will fall from £19.99 to £14.99 ($40 to $30). Five new titles will also be added to the range, in the form of Ridge Racer 2, Tekken: Dark Resurrection, Killzone: Liberation, LocoRoco and Moto GP. “PSP is unique and is constantly evolving. It offers the widest palette of mobile entertainment, from gaming to video, music, photos and internet,” said SCE UK managing director Ray Maguire. “But now the exciting possibility of connecting remotely to PS3 makes PSP more relevant than ever. So what better time to offer a brand new price point, and the launch of five new Platinum titles?”