SCEA Chief Admits Mistakes

Ken Kutargi, Sony Computer Entertainment of America (SCEA) President, recently admitted that Sony's reticence to adopt the MP3 format and it's insistence on proprietary music and movie formats was a huge mistake. As reported in many news sources, including Forbes, Kutargi criticized Sony's managment for missing out on an iPod-esque device and claimed that Sony lost its sense of innovation and research. He now claims that Sony has it's act together, saying, "We have to concentrate on our original nature - challenging and creating."

In this spirit, Kutargi is very pleased about the prospects of the PSP (Playstation Portable) which will launch in the US in March and will fill the movie and music gap. To prove this new approach, Sony has opened its proprietary UMD (universal media disc) to competitors. Of course, the disc will still pop out [Quicktime, 40KB] of the PSP if twisted.