Current:Home > ScamsBest Buy will sell DVDs through the holiday season, then discontinue sales -WealthRoots Academy
Best Buy will sell DVDs through the holiday season, then discontinue sales
View
Date:2025-04-13 02:31:17
Due to a decline in demand for physical media, Best Buy has strategically decided to exit the DVD business. The company will no longer offer DVDs for sale in its stores.
The popular consumer-electronics retailer plans to discontinue the sale of DVDs and Blu-ray discs both online and in house starting early 2024. It has been reported that Best Buy decided to end DVD sales nine months ago, the Associated Press confirmed.
"To state the obvious, the way we watch movies and TV shows is much different today than it was decades ago," the company said in a statement. "Making this change gives us more space and opportunity to bring customers new and innovative tech for them to explore, discover and enjoy."
Best Buy will sell movies and TV shows on physical discs until the end of the 2023 holiday season, then discontinue sales in its 1,129 locations with 969 in the U.S. The company will still sell video games.
With Best Buy's departure, Walmart, Amazon, and Target are now the top retailers for DVDs and Blu-ray discs. However, Redbox, which is owned by Chicken Soup for Soul Entertainment and has a nationwide network of approximately 29,000 DVD rental kiosks, remains a strong competitor in the physical disc business.
According to Variety, over the summer, Media Play News reported that Walmart has been in discussions with Studio Distribution Services, a joint venture of Universal Pictures and Warner Bros., to manage a portion of its physical media operations.
The rise of streaming video has caused a decline in DVD and Blu-Ray discs sales over the years. Digital Entertainment Group released its mid-year report showing that revenue from physical media in the U.S. dropped by 28% in the first half of 2023, to $754 million, compared to $1.05 billion in the same period of the previous year.
New tech:Sony announces new controller to improve gaming accessibility for people with disabilities
Who else is phasing out DVDs?
On Oct. 27, Netflix will end its DVD shipping service, which it provided long before it became the streaming giant it is today.
According to multiple sources, Disney will cease physical media distribution in Australia and has already closed its Movie Club in Canada.
Where can I buy DVDs still?
Redbox is a DVD and Blu-ray vending machine. Use the search tool on their website to find a kiosk location near you.
GameFly is a subscription-based service that rents video games, DVDs and Blu-ray movies, including 4K UHD titles. It offers a mail-to-me service, making it an excellent alternative to Netflix's DVD service that's ending.
3D Blu-ray Rental is a DVD-by-mail option that offers monthly subscription plans and pay-as-you-go rentals for movies and video games, similar to GameFly and DVD Netflix.
You also can go to your local library and see what DVDs they have. You may be surprised by what you can still find.
veryGood! (7)
Related
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Noah Lyles races to 100-meter title at US Olympic track and field trials
- Lawmakers in a New York county pass transgender athlete ban after earlier ban is thrown out in court
- This week’s televised debate is crucial for Biden and Trump — and for CNN as well
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Lionel Messi celebrates birthday before Argentina's Copa América match vs. Chile
- Alec Baldwin attorneys argue damage to gun during testing was unacceptable destruction of evidence
- US ambassador visits conflict-ridden Mexican state to expedite avocado inspections
- 'Most Whopper
- Social media sensation Judge Frank Caprio on compassion, kindness and his cancer diagnosis
Ranking
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Pregnant Hailey Bieber Turns Heads With Sheer Lace Look for Date Night With Justin Bieber
- Elon Musk welcomes third child with Neuralink executive. Here's how many kids he now has.
- Former Georgia officials say they’re teaming up to defend the legitimacy of elections
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Defense rests for woman accused of killing her Boston officer boyfriend with SUV
- Officials announce two new carbon removal sites in northwest Louisiana
- How memorable debate moments are made: on the fly, rehearsed — and sometimes without a word uttered
Recommendation
Meta donates $1 million to Trump’s inauguration fund
Some homeowners left waiting in limbo as several states work out anti-squatting stances
Missing hiker found alive in California mountains after being stranded for 10 days
South Carolina runoff pits Trump candidate against GOP governor’s endorsement
Why members of two of EPA's influential science advisory committees were let go
Mayor found murdered in back of van days after politician assassinated in same region of Mexico
What’s causing the devastating flooding in the Midwest?
Travis Kelce Shares When He Started to Really Fall for Taylor Swift