Best Buy is discontinuing the sales of DVD and Blu-ray discs, both in their physical stores and online, starting in 2024.
The physical movie formats will still be available for sale during the 2023 holiday season but will be phased out after that. Best Buy states that this decision reflects the changing preferences in how people choose to watch movies at home.
A spokesperson from Best Buy stated, “The way we watch movies and TV shows has significantly changed compared to decades ago. This change allows us to create more space and opportunity to provide customers with new and innovative technology.”
The decision to stop selling DVDs was made nine months ago, according to Variety.
This move will also end Best Buy’s exclusivity for “Steelbook” titles from various studios. Some studios, like Paramount Studios, have already started moving their exclusives under that imprint to Amazon.
While Best Buy is stepping away from DVD sales, Walmart still remains a major player in the DVD market with a 45% market share, according to The Digital Bits.
Netflix, the popular streaming giant, has also recently stopped providing DVDs. Their last shipment of discs was sent out at the end of September.