At today's keynote at the 2005 Game Developers Conference Europe in London, Sony's executive vice president for SCEE, Phil Harrison talked frankly and at length in a Q&A format with GDC chairman Jamil Moledina, discussing both Sony's forthcoming Cell-powered PlayStation 3 and the state of play on both the PSP handheld and the still-thriving PlayStation 2.

Pressed on the apparent success of Xbox Live compared to the PlayStation 2's online strategy, he indicated that the PS3 would have significant online capabilities, but stressed its nature as an 'open platform', commenting, in an obvious reference to competitor Microsoft:

"Distinct from our competitors, we are happy for publishers to make their own financial agreements directly with consumers."

Source: Gamasutra.com