“Since we have online entertainment, people do not buy Blu-ray and DVD players anymore,” said CEO Frans van Houten to the WSJ.
Philips is one of the largest technology companies in the world, and today they announced they would no longer be making electronics for the household. Their CEO admitted that it was mainly because no one is buying movies on discs anymore.
I know the super high quality of Blue-Ray might be a draw, but it isn't worth it to me to spend $25 dollars or more for a clunky disk that I have to store when I'm not using and bring with me if I move. I am going to sacrifice just a little quality for the convenince of always knowing that if I purchase a movie it will always be available to me whether I buy it from Amazon, Apple, or a number of other services as long as I have an internet connection.
Apple dropped the disc drive in a lot of it's Macs years ago. It looks like the PC world is starting to catch up. With internet speeds increasing all the time and technology that provides us content improves, it will only get easier and easier to get movies and other content without having to remember where you put that damn disc.
The only place I can see the disc based format surviving is in video games and even at that I don't think will last much longer.
Stop buying discs and start a digital library today. I think in the long run you'll be happy you did. I think you'll save some money along the way too.