Sony Plans Convergence of Gadgets, Entertainment

Sony is putting a push on links between its consumer electronics gadgets and its music, movies and games assets…As part of that, Sony will introduce this spring a new music distribution service to rival Apple’s iTunes.

News.com: Sony Plans Music/Phone Handheld Combo: Sony has detailed plans for a much-anticipated, all-in-one handheld gaming device that includes a digital music and video player and could even act as mobile telephone….it will be a rival to iPod, and may retail next year for as little as $60.

“PSP will be the Walkman of the future,” Ken Kutaragi, Sony’s executive deputy president and head of its gaming business, said in comparing a PSP prototype to Sony’s highly successful earlier generation of music players.