If you are on the lookout for DVDs and Blu-Rays in 2024, your finest purchase could come someplace aside from Best Buy! That’s as a result of the retail big not too long ago confirmed that they are going to be phasing out their DVD and Blu-Ray gross sales this yr.
Rumblings had began to floor that Best Buy could be exiting the digital media panorama, with The Digital Bits first reporting in the autumn talks that the retailer was planning to make the transfer. That was quickly adopted by an announcement from Best Buy to Variety that learn, “To state the obvious, the way we watch movies and TV shows is much different today than it was decades ago. Making this change gives us more space and opportunity to bring customers new and innovative tech for them to explore, discover and enjoy.”
It was initially revealed that Best Buy would continue selling movies and TV shows in the physical formats through the end of the 2023 holiday shopping season, but planned on discontinuing sales of DVDs and Blu-Rays in 2024, though video games would still be available in physical formats. Best Buy had already phased out CDs in 2018.
READ MORE: CD Sales See Increase in U.S. for First Time Since 2004
This would be the latest blow for fans of the DVD and Blu-Ray format, with Netflix recently opting out of continuing their physical DVD service earlier in 2023. But, as Variety reports, retailers such as Walmart, Target and online e-tailer Amazon still continue to carry DVD and Blu-Ray. In addition, Redbox still offers physical discs through their 29,000 DVD rental kiosks. Those also remain options for those looking for concert films, music documentaries and more in the physical format.
As Digital Bits revealed, the Best Buy move appears to have been anticipated by some, as Paramount in particular had begun to shift their Blu-Ray and 4K Steelbook titles from Best Buy to Amazon, and it appears as though other studios will follow suit.
The Best Buy move comes as the market for digital media continues to shrink. For the first half of 2023, trade organization DEG reported that U.S. physical media revenue dropped 28 percent, down to $754 million after the $1.05 billion the previous year.
The 10 Most Popular Rock Music Movies
Want to know which rock music movies are the most popular? These are the 10 rock movies that have pulled the biggest worldwide gross over time.
Gallery Credit: Philip Trapp
Discussion about this post