Bye-bye, Blu-ray: Video-on-demand and streaming options are gaining on you

After decades of losing format wars (anyone remember the Betamax vs VHS wars?), Sony finally won one in the last decade with Blu-ray.  Pity for them that it’s turning out to be a pyrrhic victory.

The Blu-ray optical disc format, once a bastion of hope for reviving the home entertainment industry, is struggling to survive under the assault of video-on-demand and downloads.

In a new financial forecast, Sony has warned of heavy losses primarily due to its exit from the PC business and because “demand for physical media [is] contracting faster than anticipated.”

In two weeks, Sony will announce its financial results. The company expects to post a net loss.

via Bye-bye, Blu-ray: Video-on-demand and streaming options are gaining on you – Computerworld.

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One Response to Bye-bye, Blu-ray: Video-on-demand and streaming options are gaining on you

  1. Brett says:

    So Blu-Ray is finally going down? That’s a big problem – it never got as widespread as DVDs*, but the margins were higher on them.

    * Side-note, but part of that was because they made it much harder to run them on your PC. You couldn’t do it with Windows Media Player.

    Liked by 1 person

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