Current:Home > MyBest Buy will sell DVDs through the holiday season, then discontinue sales -PureWealth Academy
Best Buy will sell DVDs through the holiday season, then discontinue sales
View
Date:2025-04-18 07:24:02
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! (322)
Related
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Missy Elliott has the most euphoric tour of the summer and this is why
- Flip Through the Differences Between Artistic and Rhythmic Gymnastics at the Olympics
- Breaking at Olympics live updates: Schedule, how to watch, how it works
- New data highlights 'achievement gap' for students in the US
- Jim Harbaugh to serve as honorary captain for Michigan's season opener
- Colorado funeral home owners accused of mishandling 190 bodies ordered to pay $950M
- Body camera footage shows local police anger at Secret Service after Trump assassination attempt
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- No-car Games: Los Angeles Olympic venues will only be accessible by public transportation
Ranking
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- USA men's volleyball rebounds from 'devastating' loss to defeat Italy for bronze medal
- How Olympic athletes felt about Noah Lyles competing in 200 with COVID-19
- LeBron James is relishing this moment in Paris, and coach Steve Kerr is enjoying the view
- Grammy nominee Teddy Swims on love, growth and embracing change
- Texas’ youngest students are struggling with their learning, educators say
- Olympic boxer Imane Khelif beat her opponent. Then she got ‘transvestigated.’
- Gov. Hochul Ponders a Relaxation of Goals Under New York’s Landmark Climate Law
Recommendation
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
Travis Scott is arrested at a Paris hotel after altercation with a security guard, prosecutors say
Baby gorilla is born at Detroit Zoo, the first in its 96-year history
How big do miniature pigs get? 'Teacup' variety may get larger than owners bargain for
The Daily Money: Spending more on holiday travel?
US men disqualified from 4x100 relay after botched handoff
Another suspect arrested in connection to planned terrorist attack at Taylor Swift concert
Former YouTube CEO and longtime Google executive Susan Wojcicki has died at 56