US – Best Buy Announced this fall that it will stop selling physical media in 2024, due to lack of sales.
People are simply getting media in other places nowadays, downloading and streaming movies, music, and games has become commonplace in today’s society. The Cd had a great run though, spanning generations, 8-track, Records, and Cassettes were short-lived compared to the CD that started in November 1982 in Japan and in March 1983 in Europe but didn’t become commonplace until the 90s with popular music and DVDs. The CD changed in 2006 with Blu-ray added to the storage allowing more High Definition to be stored on each disk.
“To state the obvious, the way we watch movies and TV shows is much different today than it was decades ago,” a spokesperson for the electronics chain told Variety on Friday. “Making this change gives us more space and opportunity to bring customers new and innovative tech for them to explore, discover and enjoy,” they added, “Best Buy says that streaming has made DVDs obsolete and it can use physical space in its stores and warehouses for tech products in higher demand.”
Best Buy’s exit from the market will leave Walmart, Amazon and Target as the top retailers stocking DVDs, according to Digital Bits.