Sony Warns Demand For Blu-Ray Diminishing Faster Than Expected 477
Lucas123 (935744) writes "Sony has warned investors that it expects to take a hit on expected earnings (PDF), due in part to the fact that demand for Blu-ray Disc media is contracting faster than anticipated. In two weeks, Sony will announce its financial results. The company expects to post a net loss. Sony's warning is in line with other industry indicators, such as a report released earlier this year by Generator Research showed revenue from DVD and Blu-ray sales will likely decrease by 38% over the next four years. By comparison, online movie revenue is expected to grow 260% from $3.5 billion this year to $12.7 billion in 2018, the report states. Paul Gray, director of TV Electronics & Europe TV Research at market research firm DisplaySearch, said consumers are now accustomed to the instant availability of online media, and 'the idea of buying a physical copy seems quaint if you're under 25.'"
Especially when those copies come with awful DRM.
Re:Contracting? (Score:4, Funny)
" When blank DVD's were a pound each"
Wow thats really heavy - shipping costs must have been a bitch.
Re:Blank Media (Score:3, Funny)
Don't expect this. There is an inevitable whining to government that is in the cards... you can bet on it.
Because if they bring the whine, the government will provide the cheese...
Re:Blank Media (Score:5, Funny)
You have to adjust the motor to spin the opposite direction to play northern hemisphere discs in Australia/New Zealand.
The default spin is reversed to negate the torque of the corialis effect.