
Another source said that Phil Harrison will reveal a more refined PlayStation Store, Connect Store support for movie and music downloads and wallpaper options as part of a firmware update coming on March 8th. As for the name "PlayStation Home", Sony recently registered the trademark for it. It is defined as "electronic games services provided by means of the Internet," for the "creation and development of virtual and interactive images and environments," and "introduction and social networking services, namely introducing electronic game players to others."
Source:
DailyTech