The decline in DVD and Blu-ray sales continues as streaming becomes more popular, leading companies like Redbox and Best Buy to reduce or eliminate their physical media offerings. A survey shows only 26.6% of people still buy new DVDs and Blu-rays, raising doubts about the future availability of new physical media.
Target responds to reports of abandoning physical media, stating it will continue to offer select DVDs in stores during key times and new releases, while transitioning a limited assortment to its website. The retail chain's new policy will not affect physical games, and the move comes amid concerns about the future of physical media in the face of streaming services and digital-only entertainment.
As streaming services dominate the entertainment landscape, the popularity of DVDs has significantly declined, with Best Buy announcing it will stop selling DVDs and Blu-ray discs after the holiday season. Netflix has already shuttered its DVD delivery service. The decline in DVD sales is attributed to advancements in technology and the rise of streaming platforms. Physical media now accounts for just 8% of the U.S. entertainment market, compared to the peak popularity of DVDs in the mid-2000s. While some movies and TV shows are still unavailable on streaming services, the secondhand market for DVDs remains strong, catering to customers who prefer to have their favorite movies as physical objects.
Best Buy has confirmed that it will no longer carry physical movies, including DVDs and Blu-rays, starting in 2024. This marks the end of an era for the retail giant, which once had a prominent media department in its stores. The move reflects the changing consumer habits, with more people opting for digital media consumption through streaming services. Best Buy's decision follows the trend of other companies, such as Disney, reducing their focus on physical media in favor of digital platforms.
Netflix is ending its DVD-by-mail service and to mark the occasion, the company will send some subscribers up to 10 extra DVDs before shutting down the service. However, customers cannot keep the DVDs and must return them by October 27th. Netflix received the DVDs through licensing agreements with filmmakers and studios, so giving them away or selling them would violate those agreements. It is unclear what Netflix plans to do with the returned DVDs after the service shuts down. The DVD-by-mail service accounts for less than 1% of Netflix's revenue.
Netflix is shutting down its DVD-by-mail service this fall, but before doing so, the company will send up to 10 mystery discs to its longtime U.S. customers as a "finale" surprise. Eligible customers can opt in to receive the extra discs, which will be selected from a curated queue and shipped on September 29. The promotion is subject to limited quantity, and customers can return the DVDs until October 27. Netflix's DVD-by-mail business, which has been in operation for 25 years, played a significant role in changing the way people watched shows and movies at home before the shift to streaming.
A team of scientists sent tailored, interactive DVDs to women throughout rural Ohio to educate and remind them to be screened for breast, cervical and colorectal cancers. Women who received a DVD were nearly twice as likely to obtain all the screenings compared to women. Those who were also paired with a patient navigator by phone had a six-fold greater chance of getting a screening. Rural lands are home to about 23% of U.S. women, and cancer-related deaths are significantly higher in rural areas compared to urban.
Netflix's decision to end its DVD-by-mail business has raised concerns about the future of physical media, but CEO of Kino Lorber, Richard Lorber, argues that DVDs will survive in the age of streaming. Lorber believes that owning physical media provides a sense of pride and identity, and that younger generations are still interested in buying DVDs. He also notes that the appetite for premium formats like 4K UHD Blu-ray remains healthy.
The lifespan of CDs and DVDs can vary from two years to several hundred years depending on factors like storage condition and disc quality. Factory-pressed CDs and DVDs are expected to last many years if stored under ideal conditions, while burned CDs and DVDs may have a significantly shorter lifespan. To extend the lifespan of CDs and DVDs, store them in a cool, dry place away from direct sunlight and other sources of heat and moisture, handle them carefully, and back up the data regularly. Consider using alternative storage methods for essential data, such as hard drives or cloud-based services.