Best Buy says it will end DVD and Blu-ray disc sales by early 2024. Physical media will continue to be sold in stores and online through the holidays.
Best Buy is saying goodbye to movie-watching with physical discs. 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. “To state the obvious, the way we watch movies and TV shows is much different today than it was decades ago,” the company said in an emailed statement.
Speculation about the fate of Best Buy’s physical movies began swirling around this week after several media outlets reported on the company’s plans. Entertainment blog The Digital Bits was the first to share the news Thursday, citing sources familiar with the matter. And according to Variety, which also cited industry sources, Best Buy made the initial decision to end DVD sales nine months ago. Minnesota-based Best Buy earned $274 million, or $1.25 per share, during the second quarter of 2023.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Best Buy to End DVD, Blu-ray Disc Sales in Early 2024Best Buy plans to phase out sales of DVDs and Blu-ray discs both in-store and online in early 2024, industry sources said.
Read more »
Best Buy may end DVD and Blu-ray sales early next yearThe news follows shortly after Netflix ended its DVD delivery service.
Read more »
Best Buy Confirms Blu-ray & DVD Sales To End In 2024, Both In-Store & OnlineIn another disappointing development for physical media collectors, Best Buy has confirmed it will be ceasing the say of Blu-rays and DVDs.
Read more »
Best Buy is axing physical DVD and Blu-ray business in this depressing digital worldBest Buy will stop carrying movies, including DVDs, Blu-rays, and 4K discs both online and in-store. It’s a sad day for physical media as streaming services take over.
Read more »
Best Buy Confirms Plans to Stop Selling DVDs and Blu-rays in 2024Best Buy confirms plans to begin phasing out DVDs and Blu-rays sales both online and in stores early next year.
Read more »
Best Buy plans to phase out sales of physical DVDs by early 2024It’s the end of an era over at Best Buy as the company says it is planning to stop selling DVDs by the start of 2024.
Read more »