Update: Sony reversed its decision and Vita and PS3’s online storefronts will remain online. PSP’s online store will still close July 2, with the ability to redownload prior downloads still intact.

Sony will reportedly be closing the PlayStation 3, Vita, and PSP stores beginning in July.

Initially reported by TheGamer, who says their source is close to the situation, the online store closures will begin July 2 with the PSP and PS3 stores, and August 27 will mark the Vita store’s closure. After these dates, it will no longer be possible to purchase digital games for any of these three consoles.

The PSP will be 16 years old at the time of the reported store closure, after selling about 80 million units, the PlayStation 3 is 15 years old, and sold about 87 million units.

Vita is 10 years-old and sold between 10-15 million units, and was clearly far less successful than the other consoles mentioned. Though, the Vita has begun to see a resurgence in recent years, due to being simple to play emulators on. Yes, it can even run DOOM. 

PlayStation 3, PSP, and Vita stores were removed from the desktop and mobile versions of the PS Store back in October, so this development was inevitable.

Once those digital options are no longer available, it’s very likely we will see physical copy prices skyrocket. 

For example, Metal Gear Solid Portable (PSP) sells for $20 on Amazon, Metal Gear Solid HD Collection for the Vita sells for $40, and Metal Gear Solid: Legacy Collection for the PS3 sells for $25. A good series to keep an eye on.

If you have any of these consoles and have been holding out on making any purchases, now is the time to buy.