Best Buy may end DVD and Blu-ray sales early next year

The fight to keep DVD sales going is taking another big hit. Best Buy is allegedly ending all physical media sales — that means Blu-ray, DVD and 4K Ultra HD — in-store and online, The Digital Bits reported. Multiple sources claim the move will occur in early 2024, possibly as soon as the first quarter. The news of Best Buy’s decision comes only a few weeks after Netflix ended its 25-year DVD delivery service, sending out its final copies on September 29.

Best Buy’s exit from the DVD and Blu-ray market leaves limited options in the United States. Walmart (which has a 45 percent share of the market) and Target still offer the discs at their physical stores, while Redbox is holding on to 29,000 rental kiosks. Amazon stands as a major player online, with Paramount recently releasing their Blu-ray and 4K Steelbook exclusive titles on the site versus Best Buy.

Disc purchases have been dropping since streaming came on the scene. According to the Digital Entertainment Group, the first six months of 2023 saw a 28 percent drop in physical products sold compared to the same period in 2022. Scondhand stores …read more