Study: Movie Discs To Be Phased Out by 2015
As much ink as has been spilled over the ongoing format war between HD DVD and Blu-ray, one analyst says it may all be for naught- because physical representations of home movies will be largely phased out by 2015. The change echoes the migration from hardware to downloading already underway in the music industry.
According to analyst Wade Holden of SNL Kagan, as quoted by Forbes, the high-definition formats will play a role in restarting what has been stagnant growth in the home-video business. However, that growth will be usurped by that of on-demand video, which will be the dominant way of watching movies at home in seven years, the report said.
SNL Kagan’s report did not differentiate between sales of Blu-ray and HD DVD.