Tag: DVD
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DVD & Blu-ray Sales Plummet Over 93% Since 2005 Peak, Dipping Below $1 Billion in 2024
The physical media industry has hit a grim milestone in 2024, with sales of DVDs, Blu-rays, and UHD Blu-rays dropping below $1 billion in the U.S. for the first time, according to the annual report from the Digital Entertainment Group (DEG). Reflecting a year-over-year decline of 23.4%, the total revenue for disc sales in 2024…
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DVD & Blu-ray Sales Plummet in 2024
The era of physical media is fading fast, with lovers of DVDs, Blu-rays, and UHD Blu-rays becoming a rare breed in a digital-first world. According to the annual report for 2024 by the Digital Entertainment Group (DEG) and market research firm Omdia, sales of DVD, Blu-ray, and UHD Blu-ray discs dropped by a staggering 23.4%…
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The Slow Death of DVDs & Blu-rays: After Just 10 to 20 Years Many Discs Will Stop Working
Once hailed as the pinnacle of home entertainment, DVDs and Blu-ray discs are facing an uncertain future as physical media continues to decline in popularity, overshadowed by streaming services and exacerbated by a lesser-known foe: disc rot. This phenomenon, which causes discs to degrade over time, is raising concerns among collectors and cinephiles who fear…
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DVDs & Blu-rays Are Dying as Most Americans No Longer Buy Them
Recently we learned that Redbox will but shutting down DVD rentals as its parent company, Chicken Soup for the Soul Entertainment, is shutting down. Last year, Best Buy announced it was no longer selling DVDs. Other stores like Target are making cuts to reduce the size of physical media inventory and, in some cases, only…
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The Death of DVDs? They May Soon Join VHS Tapes in the Bygone Media Graveyard
It’s been a rough year for DVDs and Blu-Rays. Over the years, mass viewer migration to streaming services has sent physical disc sales into a downward spiral. In August, trade association DEG: Digital Entertainment Group reported that U.S. physical media revenue fell from $1.5 billion in the first half of 2022 to $754 million in…
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Best Buy Will Reportedly Stop Selling DVDs and Blu-Ray Starting Next Year
Best Buy could be saying goodbye to physical media — DVDs, Blu-Ray and 4K Ultra HD discs — for good. The consumer electronics retailer will exit out of the physical media business as soon as the end of the first quarter of 2024, according to The Digital Bits. The move is another hint at the…
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Multiple Amazon Sellers Are Convicted of Price Fixing DVDs on Amazon & Must Pay $795,000 in Fines Along With Jail Time
The Department of Justice convicted several Amazon Marketplace sellers and companies for price fixing DVDs and Blu-Rays sold on the e-commerce site. The offending parties, who all plead guilty, were slapped fines collectively totaling almost $795,000 in addition to jail time, home confinement and supervised release. The convicted include companies like Michelle’s DVD Funhouse, MJR…
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Netflix Still has 2.28 Million DVD-By-Mail Customers
Remember when Netflix first started out as a DVD rental service? You’d receive the discs in the mail in those red and white envelopes and pop them into your DVD player. It’s been more than 20 years since Netflix launched, and today they are known as a streaming service and for their original content. But…
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DVD and Blu-ray Sales Have Dropped By Half in Past 5 Years
According to the 2018 Theatrical Home Entertainent Market Environment (THEME) report, the Motion Picture Association of America shared data on physical media and streaming services in the US. One of the standout points in the report was the dramatic fall in DVD and Blu-ray sales. In the US, sales of physical media (DVD and Blu-ray…
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GameFly Now Rents DVDs In Addition To Video Games
Looking for home delivery of DVDs but don’t want to try Netflix’s new DVD.com? Gamefly will now also rent DVDs and Blu-rays of the most current popular movies. Why would cord cutters want DVDs? Many here may just say they will stream it. (Renting movies on Amazon Video is often quicker than waiting for the…