DVD sales plummet, Blu-ray unable to save the day : Christopher Null : Yahoo! Tech: "The numbers for 2008 are in and they don't look good: DVD sales are now showing the first signs that they're about to go into free-fall, just like sales of CDs did a few years ago.For the second year running, DVD sales have slipped. After hitting a high of $24.1 billion in 2006, the total sales volume hit $21.6 billion in 2008, an overall decline of about 10 percent off the 2006 high.
DVD's purported savior -- Blu-ray -- has been unable to rise to the rescue so far. Blu-ray (and leftover HD DVD) disc sales hit just $750 million last year, which doesn't nearly make up for the loss in sales of DVD media. Since Blu-ray discs are more expensive than DVDs, the overall unit sales decline is even more worrisome for Hollywood -- and some studios are seeing income plummet accordingly. For example, Fox operating income dropped 72 percent last year after seeing DVD sales fall just 15 percent."
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