Posted on Oct 14, 2023
Best Buy will stop selling Blu-rays, DVDs in 2024: 'The way we watch movies and TV shows is much...
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“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.
Best Buy will stop selling Blu-rays, DVDs in 2024: 'The way we watch movies and TV shows is much...
Posted from cnbc.com
Technology
Movies
TV
Posted 7 mo ago
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LTC Eugene Chu
..."Breaking down the history of Best Buy
Originally founded in 1966 as a store called Sound of Music, Best Buy rebranded under its current name in 1983. Along with DVDs and Blu-rays, the company offers consumers a number of technology-based products, including televisions, computers, and more.
In 2018, Billboard reported that Best Buy was pulling all of its CDs from stores due to a decline in sales. The Wall Street Journal reported in 2022 that the company was cutting "hundreds" of jobs across the country after the company continued to see its sales trend downward.
According to Variety, Best Buy still had a total of 1,129 store locations in mid-2023, 969 of which are located in the United States.
The news of Best Buy's decision to stop selling physical media comes just weeks after Netflix mailed out its final DVDs to customers, giving them the option to keep the discs if they so choose to do so. The final Netflix red envelopes went out on September 29, 2023, with the final movie that was sent out in the mail being 2010's True Grit."...
..."Breaking down the history of Best Buy
Originally founded in 1966 as a store called Sound of Music, Best Buy rebranded under its current name in 1983. Along with DVDs and Blu-rays, the company offers consumers a number of technology-based products, including televisions, computers, and more.
In 2018, Billboard reported that Best Buy was pulling all of its CDs from stores due to a decline in sales. The Wall Street Journal reported in 2022 that the company was cutting "hundreds" of jobs across the country after the company continued to see its sales trend downward.
According to Variety, Best Buy still had a total of 1,129 store locations in mid-2023, 969 of which are located in the United States.
The news of Best Buy's decision to stop selling physical media comes just weeks after Netflix mailed out its final DVDs to customers, giving them the option to keep the discs if they so choose to do so. The final Netflix red envelopes went out on September 29, 2023, with the final movie that was sent out in the mail being 2010's True Grit."...
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We pretty much have changed our buying habits for everything Best Buy sells. What will they do next?
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