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Sony to cease Blu-ray production, leaving physical media fans concerned
Sony recently announced plans to end Blu-ray media production in February, delivering yet another heavy blow to the future of physical media. The company will also cease...
The big picture: Sony, LG, Panasonic, and retailers in general have been gradually withdrawing from the Blu-ray business for years as consumers increasingly favor streaming and other forms of digital distribution. However, some market indicators suggest that demand for physical media hasn't completely evaporated, with many consumers harboring concerns over quality and ownership. Manufacturers have been steadily exiting the Blu-ray market for years, as physical media sales continue to decline in favor of digital distribution.
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