Posted Tue Dec 28, 2010 at 09:00 AM PST by Dick Ward
The Blu-ray format got a nice boost this holiday season and is projected to shoot even higher.
Blu-ray adaption hasn't exactly been quick. It's definitely not as quick as the switch from VHS to DVD, which is the most obvious point of comparison. Analysts say Blu-ray is unlikely to share the success of its predecessor, but it's getting close.
"Blu-ray is on the brink of becoming really mainstream," says Nash Information Services head Bruce Nash.
Blu-ray movie sales were up a whopping 75 percent year-to-year, with an expected $2 billion run this year. DVD sales are down significantly, finishing at $8 billion. Blu-ray players are equally promising, 13 percent of homes were equipped with Blu-ray going into the holiday season, but once the gifts are given the NPD expects 20 percent.
Source: Wall Street Journal
See what people are saying about this story in our forums area, or check out other recent discussions.
The latest news on all things 4K Ultra HD, blu-ray and Gear.