Blu-ray Sales Up 351%

[Jimmy 2004]

Following the format's victory over HD DVD earlier this year, Blu-ray disks have seen their sales soar to 351% of those during the same period last year. When combined with standard DVD sales, the first quarter of this year offered the first year-on-year sales increase since DVD sales peaked three years ago. Steek Beeks, President of Lionsgate, said:

Blu-ray had its second-best week ever in the seven days ending March 23, and we anticipate Blu-ray sales of $800 million to $1billion-plus for all of 2008, up dramatically from approximately $300 million last year.

View at TechPowerUp Main Site

 

[Jimmy 2004]

Thanks to Ravenas for sending this in.

 

[Ravenas]

However obvious this is, from reading the article the most interesting thing I saw was the beginning of the decline of DVD sales.

 

[OzzmanFloyd120]

I guess this explains why I seen the 360's HD DVD addon for 30 bucks at the mall last week.
I say way to go to Sony though, they took the same risk back in the 80's and it failed miserably. I think it's about time they made up for all the money they've been losing since the PSP and PS3 came out.

 

[jbunch07]

guess its time to invest in a BR player...

 

[EastCoasthandle]

I will take that with a grain of salt given the source

 

[Ravenas]

I will take that with a grain of salt given the source

Have a pick from any source:

http://www.google.com/search?hl=en&client=safari&rls=en&q=blu+ray+sales+up+351%&btnG=Search

EDIT: Even the Home Media Magazine:

http://www.homemediamagazine.com/news/html/breaking_article.cfm?sec_id=2&&article_ID=12550

Also, if you goto Blu-ray.com it shows that they are reporting the news from another source.

 

[Weer]

Have a pick from any source:

http://www.google.com/search?hl=en&client=safari&rls=en&q=blu+ray+sales+up+351%&btnG=Search

EDIT: Even the Home Media Magazine:

http://www.homemediamagazine.com/news/html/breaking_article.cfm?sec_id=2&&article_ID=12550

Also, if you goto Blu-ray.com it shows that they are reporting the news from another source.

Let me guess.. you own a Blue-ray player?

 

[Ravenas]

Let me guess.. you own a Blue-ray player?

How did you guess? We have a genius on hand

 

[INSTG8R]

I have bought so many lately I havent even unwrapped half of them let alone found the time to watch them

 

[Necrofire]

Anyone here buy a PSP for the games or the homebrew?

I could never get a console, let along a PS3.

 

[INSTG8R]

Anyone here buy a PSP for the games or the homebrew?

I could never get a console, let along a PS3.

I use mine as a media player actually. I have a Location Free TV box waiting to be fired up(Im waiting on a PVR box from my ISP) But currently I have it filled with 9hrs of Music and 5hrs of Top Gear(My PSP that is) My PS3 is filled with twice that in music that I just let F@H play at random which is one of my FAVOURITE things about the PS3

 

[EastCoasthandle]

Have a pick from any source:

http://www.google.com/search?hl=en&client=safari&rls=en&q=blu+ray+sales+up+351%&btnG=Search

EDIT: Even the Home Media Magazine:

http://www.homemediamagazine.com/news/html/breaking_article.cfm?sec_id=2&&article_ID=12550

Also, if you goto Blu-ray.com it shows that they are reporting the news from another source.

That translates to a net gain of 1.1%.

This speaks volumes as to the validity of the claim of "increased sales". Again, given the source I take it with a grain of salt .

 

[Ravenas]

This speaks volumes as to the validity of the claim of "increased sales". Again, given the source I take it with a grain of salt .

Haha first it's the source now it's the validity. If its not one thing it's another? Haha, oh well...

 

[ShadowFold]

Does this include Blu-Ray drives? I know I got one

 

[WarEagleAU]

That is pretty remarkable. The prices of BD is coming down too, not just for players but for the movies themselves which is pretty awesome.

 

[Easy Rhino]

i have also noticed the prices of BD coming down steadily. in stores they are still between 30-40 bucks, but online you can get a lot of titles for 20-25 bucks. also, dvd sales decreasing means we should expect a nice price drop for BD and BD players by the end of the year. i was at a store yesterday and almost half their DVD titles were under 12 bucks. that is a huge sign. btw, it never fails that haters will show up on news postings about BD or the PS3.

 

[jbunch07]

i find it interesting that blu is coming down so much...with the HD DVD now dead i figured the price would have gotten higher because the lack of competition

 

[Ravenas]

i find it interesting that blu is coming down so much...with the HD DVD now dead i figured the price would have gotten higher because the lack of competition

Competition actually keeps prices competitive, and slightly high. When there is only one format, prices go down because the production cost decreases steadily because their is a demand for that product.

 

[Easy Rhino]

Competition actually keeps prices competitive, and slightly high. When there is only one format, prices go down because the production cost decreases steadily because their is a demand for that product.

true, but i think more importantly is that BD is still competing with DVD. if the BD crew want to see even higher BD sales then they will lower their price since their main competition is gone. pretty soon people will realize that high definition isnt just fad and that the DVDs they used to buy are now the same price as a BD. remember, there is no format monopoly. people don't have to buy BD at all if they dont want.

 

[panchoman]

guess its time to invest in a BR player...

or a ps3

 

[Ravenas]

The main thing I see is that I think the so called "Digital Download" revolution isn't panning out to what companies are trying to get us to believe it will be.

In my opinion, Digital Downloads will be great for rentals and things of that nature. However, when someone actually wants to own a movie, I believe they would rather have a hardcopy. But hey...I could be wrong...Look at what music has turned into. The iTunes revolution is already upon us.

However the key difference between music and movies is FILE SIZE. I don't think we will ever have an infrastructure that will keep up with MAXIMUM HD. Furthermore, sound quality will never be as good as it is on a physical copy...

As HD progresses with higher and higher resolutions, are infrastructure will never keep up with it, furthermore, the majority of people don't have server size HDDs to hold their enormous movies...

 

[Triprift]

Yes i should get myself a bl player and here i was buying dslr only yesterday sigh.

 

[Easy Rhino]

The main thing I see is that I think the so called "Digital Download" revolution isn't panning out to what companies are trying to get us to believe it will be.

In my opinion, Digital Downloads will be great for rentals and things of that nature. However, when someone actually wants to own a movie, I believe they would rather have a hardcopy. But hey...I could be wrong...Look at what music has turned into. The iTunes revolution is already upon us.

However the key difference between music and movies is FILE SIZE. I don't think we will ever have an infrastructure that will keep up with MAXIMUM HD. Furthermore, sound quality will never be as good as it is on a physical copy...

As HD progresses with higher and higher resolutions, are infrastructure will never keep up with it, furthermore, the majority of people don't have server size HDDs to hold their enormous movies...

i agree. i just dont see digital downloads ever catching up with physical copies. just to stream LPCM 7.1 takes up to 6-8 Mbps. that is audio alone!! never mind a 1080p movie that streams at 40 Mbps. but then again, we may eventually be exception and not the norm. young kids these days love mp3s and probably never buy cds at a store. so we may have a whole generation growing up not really caring about audio quality! that is a scary thought. but now that i think of it, there will always be a push by people to want something better than they have. perhaps this is more of a philosophical question than anything else.

 

[spacejunky]

Competition actually keeps prices competitive, and slightly high. When there is only one format, prices go down because the production cost decreases steadily because their is a demand for that product.

Are you kidding???


Blu-ray Player Prices Hit 2008 Highs As Competition Dwindles

Why would production cost decrease? They have to retool the Fabs...that was one of the good things about HD-DVD...same process as DVD.