There's nothing better than cut-price downloadable goodies.

Thankfully you won't have to pay top dollar for the privilege, as SCEE has announced a new Festive Sale initiative set to kick off on December 23rd.

During the period Sony will be discounting more than 100 downloads on the European PlayStation Store, with cut-price PS3 games, PSP titles and Minis all up for grabs. Headline savings include 66% off PlayStation Move Heroes, 10% off L.A. Noire and the Minis Pick 'n' Mix initiative — a glorious scheme that sees you snag five PlayStation Minis of your choice for £3.19. Better than a bag of sweets, that.

Head on through to the PlayStation Blog for more details, and be sure to keep a close eye on the PlayStation Store for the full roster of offers.