UPDATE 4/21/21 - Sony Interactive Entertainment president and CEO Jim Ryan took to the PlayStation Blog to confirm that the PS3 and PS Vita stores will not longer be closing. In the update, Ryan also took accountability for the reaction from the community, stating, "Upon further reflection, however, it’s clear that we made the wrong decision here. So today, I’m happy to say that we will be keeping the PlayStation Store operational for PS3 and PS Vita devices. PSP commerce functionality will retire on July 2, 2021, as planned."
With the storefronts reportedly closing, this means that PlayStation fans will no longer be able to buy digital versions of games, DLC, and more that are tied to these three platforms. This also means that many original, digital PlayStation 1 games will no longer be available for purchase. If there’s any game on your PlayStation 3, Vita, or PSP that you want to download, better download it soon.
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