Citigroup analyst Jason “the Flame” Bazinet believes that DVD revenues — and later Blu-Ray revenues, at this point — will fall steadily in the next few years, bucking the growth trend that bouyed the spirits of Hollywood bigwigs for years. He expects total sales to fall to $21.4 million this year and the overall Blu-Ray uptake to remain steady and, sadly, cannibalize regular DVD sales. In short, all signs point to the death of the disk.
Should we be sad? No. This will force studios to finally figure out streaming and online sales once and for all, allowing us to watch our movies just about anywhere without stealing them. Good riddance, I say.