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The introduction Wednesday of the slimmer PlayStation 3 home console with bigger memory storage, key for social games and downloads, was in response to such consumer needs, he said. The new PlayStation 3 goes on sale later this year.

“To equate packaged media’s shift to digital to the disappearance of consoles is something maybe of a misnomer,” House said. “The pace of change is very rapid. And I think that creates simultaneously a lot of excitement about new possibilities. But it also presents challenges.”


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