Best Buy is saying goodbye to movie-watching with physical discs. The consumer electronics retailer plans to phase out its DVD and Blu-ray sales by early 2024 — with physical movies set to be sold in-stores and online as they are today through the holidays.
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The consumer electronics retailer plans to phase out its DVD and Blu-ray sales by early 2024 — with physical movies set to be sold in-stores and online as they are today through the holidays, Best Buy confirmed to The Associated Press Friday.
“To state the obvious, the way we watch movies and TV shows is much different today than it was decades ago,” the company said in an emailed statement.
“Making this change gives us more space and opportunity to bring customers new and innovative tech for them to explore, discover and enjoy.”
Last month, Netflix’s DVD-by-mail service, for example, officially came to a close as the company’s iconic red-and-white envelopes made their final trip.
Speculation about the fate of Best Buy’s physical movies began swirling around this week after several media outlets reported on the company’s plans.
And according to Variety, which also cited industry sources, Best Buy made the initial decision to end DVD sales nine months ago.
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