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TheMoose 06-24-2008 09:29 AM

Blu-ray has outpaced DVD adoption
 
Blu-Ray outpaces DVD adoption rates

From Videobuisness.com

Blu-ray has outpaced DVD adoption
U.S., Europe sales bolstered by PlayStation 3 console
By Danny King -- Video Business, 6/23/2008

JUNE 23 | The adoption rate of Blu-ray Disc drives has outpaced that of standard-definition DVD players almost a decade ago on both sides of the Atlantic because of gamers buying Sony's PlayStation 3 consoles, which include the high-definition disc drives, according to separate estimates.

As of the end of this year, Blu-ray's third on the market, Western European consumers will have acquired Blu-ray drives at more than six times the rate buyers had bought standard disc players by the end of 1999, U.K.-based Futuresource Consulting said last week. In the U.S., customers are acquiring Blu-ray drives at three times the rate they bought DVD players nine years ago, said Michael Youn, Lionsgate’s VP of strategic planning and business development, at a Las Vegas conference yesterday.

Studios and retailers alike are hoping that a higher consumer penetration of Blu-ray players will help reverse a drop in home entertainment spending last year. U.S. customers spent $23.4 billion buying or renting DVDs in 2007, down from $24.1 billion in 2006, according to trade group the Digital Entertainment Group. Studios such as Lionsgate are forecasting about $1 billion in Blu-ray sales this year.

“Longer term, as player prices continue to fall, title availability grows and awareness increases, Blu-ray Disc players will become the product of choice, given the fact that they also play DVD and CD media,” said Jim Bottoms, managing director of corporate development at Futuresource, which was formerly known as Understanding & Solutions. “There will come a time when the branded suppliers focus on this higher capacity drive, mirroring the trend we saw with DVD players replacing CD decks.”

With videogaming industry revenue booming, PlayStation 3’s inclusion of a Blu-ray player is likely the reason for the faster growth on both continents. Of the 15 million Blu-ray drives owned by U.S. consumers at the end of last year, 4 million were stand-alone set-top boxes, compared with 5 million standard-definition players installed by the end of 1999, said Youn. Western Europeans will have acquired 10.5 billion Blu-ray drives by the end of 2008, compared with 1.58 million standard machines by 1999, said Futuresource, which didn’t break out PlayStation or stand-alone player sales.

Blu-ray’s outpacing of standard DVD growth is expected to continue as manufacturers and retailers drop prices on both stand-alone Blu-ray players and PlayStation 3s.

Wal-Mart’s selling of its cheapest Blu-ray players at about $200 and a wider Blu-ray title inventory will help push U.S. Blu-ray disc sales to $1 billion this year and as high as $10 billion by 2013, said Youn.

In Europe, more than 30 million people will own either a Blu-ray set-top player or PlayStation 3 by the end of 2010, compared with the 17 million standard players owned there in 2001.

“The timing of the PS3 launch has clearly provided a big boost to the initial uptake of Blu-ray,” said Bottoms. “With a number of hot games titles now starting to emerge and console prices continuing to fall, we can expect to see continued strong uptake.”

faberryman 06-24-2008 11:24 AM

Re: Blu-ray has outpaced DVD adoption
 
Quote:

Originally Posted by TheMoose (Post 16048)
Of the 15 million Blu-ray drives owned by U.S. consumers at the end of last year, 4 million were stand-alone set-top boxes, compared with 5 million standard-definition players installed by the end of 1999, said Youn.

In other words, there have been 11 million PS3s and 4 million set top boxes sold. Including game machines in the 15 million total grossly misrepresents the comparison with comparable DVD penetration numbers. Was it Mark Twain that said: "There are three kinds of lies: lies, damn lies and statistics"?

Quote:

Originally Posted by TheMoose (Post 16048)
Wal-Mart’s selling of its cheapest Blu-ray players at about $200 ..."

And which brand and model would that be?

deacongreg 06-24-2008 11:49 AM

Re: Blu-ray has outpaced DVD adoption
 
I have said a few times, that when you consider everything, the good and the bad, the SONY PS3 is the best thing that has happened for the Blu-Ray camp.

Where, is the PS4?

TheMoose 06-24-2008 04:45 PM

Re: Blu-ray has outpaced DVD adoption
 
Hey, I didn't write the story I just posted it!
I seem to remember WB saying the PS3 was a factor in their decision to go Blu-ray exclusive.
A lot of people thought the PS3 wasn't a factor in the war but it turns out it was.
I remember when DVD was new the PS2 was the cheapest DVD player & that helped get that format going too.
Looks like history repeating itself!

faberryman 06-26-2008 09:33 PM

Re: Blu-ray has outpaced DVD adoption
 
And it only cost Sony 3 billion dollars!

http://videogames.yahoo.com/feature/...he-ps3/1223467

wes 06-30-2008 01:31 PM

Re: Blu-ray has outpaced DVD adoption
 
Quote:

Originally Posted by faberryman (Post 16154)
And it only cost Sony 3 billion dollars!

http://videogames.yahoo.com/feature/...he-ps3/1223467

Now all they need is bring the price of the movies down like Lion's Gate with Terminator 2 on Amazon at $11.99 and I will replace my 600 DVD collection with Blu Ray well may be not all the movies but a least the top 100 of them. Now I just bought a few BR on sale average price $14.

But I am sitting on the side line and wait for the price to come down :) :)


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