Current:Home > FinanceBest Buy will sell DVDs through the holiday season, then discontinue sales -ProfitLogic
Best Buy will sell DVDs through the holiday season, then discontinue sales
View
Date:2025-04-15 22:43:53
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! (773)
Related
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Climate activists target nation's big banks, urging divestment from fossil fuels
- The Hollywood x Sugarfina Limited-Edition Candy Collection Will Inspire You To Take a Bite Out of Summer
- Americans snap up AC units, fans as summer temperatures soar higher than ever
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Thousands of Amazon Shoppers Say This 50% Off Folding Makeup Mirror Is a Must-Have
- As Passover nears, New York's AG warns Jewish customers about car wash price gouging
- Amazon is cutting another 9,000 jobs as tech industry keeps shrinking
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- The number of Black video game developers is small, but strong
Ranking
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Why Kim Kardashian Isn't Ready to Talk to Her Kids About Being Upset With Kanye West
- Ex-Florida lawmaker behind the 'Don't Say Gay' law pleads guilty to COVID relief fraud
- Shipping Looks to Hydrogen as It Seeks to Ditch Bunker Fuel
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Influencer says Miranda Lambert embarrassed her by calling her out — but she just wanted to enjoy the show
- Can the World’s Most Polluting Heavy Industries Decarbonize?
- Judge rejects Trump effort to move New York criminal case to federal court
Recommendation
Former longtime South Carolina congressman John Spratt dies at 82
Northwestern athletics accused of fostering a toxic culture amid hazing scandal
Two Lakes, Two Streams and a Marsh Filed a Lawsuit in Florida to Stop a Developer From Filling in Wetlands. A Judge Just Threw it Out of Court
Inside Clean Energy: The Rooftop Solar Income Gap Is (Slowly) Shrinking
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Get $112 Worth of Tarte Cosmetics Iconic Shape Tape Products for Just $20
Las Vegas Delta flight cancelled after reports of passengers suffering heat-related illness
RMS Titanic Inc. holds virtual memorial for expert who died in sub implosion