People are still buying discs, he says, but "they’re just not buying as many of them."
Disney CEO Bob Iger appeared on the 'Charlie Rose Show' on March 3rd to talk some business. We didn't watch it, but thankfully the folks at Home Media Magazine did.
Iger had plenty to say on the subject of DVDs. It seems, from the out of context quotes, that when he says DVD he means all physical media including Blu-ray. Iger says that people aren't buying as many discs, but contends that "the primary reason, I would argue, is that they have other things to do."
The CEO says that limiting content is going in the wrong direction. Just because something isn't available streaming, for instance, doesn't mean that people will go out and buy the Blu-ray or watch it on TV. "What we must do is make the product available to them under flexible or expanded circumstances."