Might the PlayStation Portable (PSP) finally be the device to give the iPod some sleepness nights?

In a story from The Hollywood Reporter, apparently Sony Pictures "will launch a video-downloading service next year aimed at boosting the PlayStation Portable's profile as a multimedia device and not just a hand-held game player."

It seems Sony has always been eyeing this possibility for the product. It would allow users "to download movies, TV shows and other content." No announcements have been made, however there are reports in the Wall Street Journal and the Financial Times that Sony "is fast-tracking a new service that will let PSP users download movies on their computers and store them on MemoryStick memory cards for viewing on the PSP."

In addition to this, "third-party downloading sites are said to be in negotiations with Sony to use the service, while another service reportedly in the works would allow downloads directly to the PSP." Sony currently has "deals with Amazon.com and most of the major download sites, including Movielink and CinemaNow."

"We are in the business of providing content for download to computers through a variety of business partners and have said in the past that we are interested in making our content available on a wide range of mobile devices in the future, but no decisions have been made regarding next steps," Sony Pictures Home Entertainment said in a statement.