E3: No PS3 price cut for Europe

Sony will not be cutting the price of the PlayStation 3 in Europe or releasing a 80GB model - instead it will be offering a Starter Pack containing the console, two games and an extra controller for GBP 425, GamesIndustry.biz is reporting.

SCEA has greatly benefited from the USD 100 price cut announced earlier this week in North America, but Sony Computer Entertainment Europe has chosen to bundle first-party titles and a second Sixaxis controller with a combined RRP of GBP 115, rather than adjust the price.

Due on sale in the UK on 18th July and in Europe on 1st August, the Starter Pack will offer two Sixaxis controllers and a choice of two first-party titles from a list of Resistance: Fall of Man, Motorstorm, Genji: Days of the Blade, Formula One Championship Edition and Ridge Racer 7.

"With sell-through of over 1.2 million units in the SCEE territories to date, PlayStation 3 has proved to be an instant and huge success," said David Reeves, president of SCEE.