Blu-ray Disc sales to exceed DVD’s in 2012?

By Aaron Baker • June 24, 2008

If research is correct, DVD’s are in trouble. According to The Entertainment Merchants Association’s (EMA) 2008 annual report on home entertainment has found that “nearly 9 million high-definition discs were sold in 2007,” and 12,177 DVDs were released last year, down from a peak of 13,950 in 2005. Furthermore, the research said that ”in 2012, sales of Blu-ray Discs will exceed those of standard DVDs and will generate sales of $9.5 billion,” while spending on home video in general is expected to increase to $25.6 billion.

We have a hard time believing the validity of these claims, but, that’s technology. What can we say - it’s a shame no one carries their tape players around anymore.

[via Engadget HD]

Popularity: 1% [?]

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.