Sony has said that the transferring of Blu-ray films to PSP is a decision for Hollywood studios, not the platform holder.
Speaking with Eurogamer, a spokesperson for Sony stated that Blu-ray releases of Tropic Thunder and RocknRolla already support the feature for the handheald, but are viewed at a reduced quality.
This statement from Sony comes on the heels of a report from Blu-ray.com, which stated that the first two Blu-ray releases to feature PSP copies of the films will arrive November 10 in the US.
These movies are Godzilla and The Ugly Truth, and include a digital copy especially for the PSP but you will need to use your PS3 to transfer them.
More through the links.