One element of today's Circana announcement that didn't feel like complete B.S.: The company said that traditional standard definition DVD continues to significantly outsell Blu-ray, controlling 71% of the remaining sell-through market.
UHD Blu-rays accounted for 13.4 per cent of all video discs sold in the US in the second quarter of 2022 – that's the highest since the format launched. But this growth comes at the expense of regular Blu-ray discs. UHD and standard Blu-rays account for almost 50 per cent of the US market. The rest are DVDs.
The consumer electronics retailer plans to phase out its DVD and Blu-ray sales by early 2024 — with physical movies set to be sold in-stores and online as they are today through the holidays, Best Buy confirmed to The Associated Press Friday. Video games will not be impacted.
While Blu-rays and DVDs used to be a prominent way to watch movies and TV shows, the rise of streaming and VOD platforms has seen the market decline steadily for almost two decades. Many stores still have physical media sections, but these sections have shrunk significantly from what they once were.
Add to that, you can stream just about any movie or show that you want so long as you subscribe to a streaming service like Netflix or Hulu, or you're willing to rent or buy it on-demand from your cable provider. However, a lot of people are actually still buying Blu-ray discs.
Why I Still Collect DVDs In The Age Of Blu-Ray – Collection Update
Why buy Blu-ray over DVD?
A DVD will only be able to store about 4.7 GB of data, which equals about two hours of a movie. A Blu-ray can hold about 25 GB of data, which allows for more high-definition information. It can hold about 13 hours of standard definition information or about two hours of high-definition information.
The number of total physical video transactions made worldwide has dropped from 6.1 billion in 2011 to 1.2 billion in 2021, according to market research firm Omdia. Just 300 million DVDs are expected to be sold worldwide this year, down from an average of 2 billion every year between 2005 and 2009.
First, the product had bad timing. Blu-ray launched in 2006, offering higher quality video and audio than DVDs; then, in 2007, Netflix launched its initial online streaming service. Online streaming was the way of the future, and Blu-ray's demise was only a matter of time. Insufficient marketing also played a role.
It's the highest-quality video format available today, and is superior to down-loaded or streamed HD content. There are 4K Blu-ray discs on the market that have maximum resolution as high as 3840 x 2160p (2160p), while DVDs are limited to 720 x 480 (480p).
Each Blu-ray has a different value depending on a few factors, including release date, title, popularity, etc. To find out the value of your Blu-rays with Decluttr, you have two options: Enter the barcode on the back of the Blu-ray case into our valuation engine.
Sony and Panasonic have named the next-generation storage discs that will be the successor to Blu-Ray. They revealed it will be called the Archival Disc. It will eventually hold 1TB of data, the equivalent of 250 DVD films.
One of the most significant advantages of Blu-ray is its increased disc capacity. Blu-ray discs can hold much more data than DVDs, allowing for stunning high-definition video playback at up to 1080p resolution. This means you can enjoy movies, TV shows, and other content with unparalleled clarity and detail.
Are DVD's obsolete? No, in fact, now might be the time to begin adding new movies and series sets to your collection because the future of DVD's is looking bright, shiny, and silver.
Do DVDs look better on a Blu-ray player? Most of the time. A Blu-ray player can actually improve the quality of a regular DVD, experts say. Gartner cautioned, however, that some older DVDs look more blurry on the newer machine.
DVD and Blu-ray sales in the U.S. were an estimated $1.58 billion in 2022, according to the Digital Entertainment Group, a decline of nearly 20% from $1.97 billion in 2021. Disc rentals have also shrunk from $602.7 million in 2021 to $502.4 million in 2022.
Blu Ray is a higher resolution than DVD. If you like old movies, companies will digitally scan old film negatives and they're cleaned up with computer software before being transferred to discs. The viewing, if watched on a hi resolution television will make it more enjoyable.
Uncompressed quality: Physical media like Blu-ray discs offer superior image and sound quality compared to digital streaming. This is because physical media can store large amounts of data and doesn't require compression.
Sony and Panasonic have named the next-generation storage discs that will be the successor to Blu-Ray. They revealed it will be called the Archival Disc. It will eventually hold 1TB of data, the equivalent of 250 DVD films.
HD DVD competed primarily with Blu-ray Disc. Both formats were designed as successors to DVD, capable of higher quality video and audio playback, and of greater capacity when used to store video, audio, and computer data.
Amid the ascent of streaming video, sales of DVDs and Blu-Ray discs have been shrinking for years. U.S. physical media revenue in the first half of 2023 dropped 28%, to $754 million, compared with $1.05 billion in the year-earlier period, according to data from trade association DEG: The Digital Entertainment Group.
DVDs and Blu-ray discs will be replaced by streaming services. Consumers head to streaming services to watch movies, and the addition of Disney+ to the mix will only make DVDs and Blu-Ray discs even less of a necessity.
Only 30% of Americans still watched movies on a disc over the last year, according to a survey by Statista Consumer Insights. Digital video discs emerged in the mid-'90s as a new way to store and watch movies, with the the first DVD players appearing in Japan.
Yes! Selling your DVDs is a great way to make space in your house and make extra cash too. The discs aren't biodegradable and take years to break down, so the best way to get rid of them is to recycle with us today - it's smart for you, smart for the planet.
