Warner Exec: ‘Blu-Ray will be around for many years’

September 20, 2010 by  

Warner Bros. big-wig Barry Meyer has been quoted as stating that DVDs and Blu-ray HD discs will be around for a number of years, according to an article by Home Media Magazine, and that despite some predictions that discs will soon be replaced by Video on Demand and streaming video type media, Meyer told an industry conference last week that disc sales seems to be solid and stable after several quarters of small percentage declines.

This is good and bad news, we suppose. The good news: The discs you’re buying now won’t be obsolete in just a few years. The bad news: eventually, yes, On Demand streaming will replace hard media for many in the know. Of course, discs will always have some place among those who can’t be bothered with fancy tools or modern technology of any kind, so they won’t die off completely.

Meyer continues: “The physical DVD market is going to be around a lot longer than VHS was. That little silver disc is a pretty ubiquitous thing. It is high quality, usable on a lot of different devices, portable and all that. And until we start getting digital into that place that is as ubiquitous, playable on multiple devices and as portable as DVD, I think you will see physical hanging around for a long time.”

We do agree, but will add that Blu-Ray (in our opinion) will replace standard DVD within the next 5-10 years or so, even among much of the mainstream audience, especially considering the quick decline of players and disc prices.

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