PS3 Gets Movie/TV Downloads

More news coming out of the press conferences at E3. Looks like the Sony Playstation 3 will have a movie and tv download service as of tonight. Also, the 80GB version will have a price drop to $399 continuing to make it one of the better deals in a standalone Blu-ray player.


Like, immediately — the service is getting flipped on tonight. It’s not just Sony content, either: Fox, MGM, Lions Gate, Warner, Disney, Paramount, Turner, and something called Funimation are signed up from the get-go. Video will be available in both SD and HD, and TV pricing starts at $1.99. Movie purchases will run $9.99 – $14.99, while rentals will be $2.99 – $5.99. What’s more, the content is "portable," meaning that videos downloaded on your PS3 can be watched on multiple PSPs. It doesn’t look like movies can be purchased in HD, but downloads are progressive so content starts playing a minute after you hit begin the download.

Compete Sony Press Conference available at E3 Insider in a little while.