Fortune had a very interesting article on six reason why optical disc wouldn't be dying anytime soon. With all the attention being on streaming, VOD, digital copy, digital locker, etc, it's hard to wonder if our optical disc friend will continue to remain.
The decline of the optical disc has been significant. According to annual figures released in January by industry trade group the Digital Entertainment Group (DEG), overall home entertainment revenue grew 0.2% in 2012, surpassing $18 billion. Physical disc sales have fallen by about 30% since their 2004 peak, to some 700 million units, but the revenue picture has remained stable (with more than a decade of consecutive annual tallies of $18 billion-plus, the DEG says). The reason is diversification. Consumers remain hungry for content, but are finding more and more avenues to it — electronic sell-through (EST), subscription video-on-demand (SVOD) or transactional VOD has all amounted to the same pie, just sliced into more pieces.
Fortune lists six reasons why optical disc won't die anytime soon:
1) Kids need it — Geez... if that isn't true. My wife's Honda Pilot has a DVD player in it. I only buy Blu-ray discs, sometimes they come with the DVD. So, as long as we have young kids, guess what, we have to buy DVD's for the long trips.... How I survived as a kid without it on road trips across the continental US is beyond me...
2) The industry’s own marketing says so – UltraViolet, a cloud technology embraced by a broad consortium of distributors is selling the concept of multi-platform content access. That means if you buy a disc, you also get to access the digital copy, a “combo-pack” strategy that is now an industry cornerstone.
3) Specialization favors it -- all the small fry things like work out titles, music concerts, etc. still revolve around this format.
4) Blu-ray still the best viewing experience -- everyone on this forum knows this...
5) It’s the collector’s choice -- I guess I fall into that category with >2K HD optical discs...
6) For a lot of Americans, it ain’t broke -- why worry about an internet connection or the right software installed on your device if you can just pop a disc into your DVD/Blu-ray player.
All I know... I'm still buying HD optical discs... Now if my kids will or not is to be seen. Optical discs might be like 8 track tapes when I was growing up. I saw some people using them, but they were on their way out.
Are you going to keep buying optical disc?
The decline of the optical disc has been significant. According to annual figures released in January by industry trade group the Digital Entertainment Group (DEG), overall home entertainment revenue grew 0.2% in 2012, surpassing $18 billion. Physical disc sales have fallen by about 30% since their 2004 peak, to some 700 million units, but the revenue picture has remained stable (with more than a decade of consecutive annual tallies of $18 billion-plus, the DEG says). The reason is diversification. Consumers remain hungry for content, but are finding more and more avenues to it — electronic sell-through (EST), subscription video-on-demand (SVOD) or transactional VOD has all amounted to the same pie, just sliced into more pieces.
Fortune lists six reasons why optical disc won't die anytime soon:
1) Kids need it — Geez... if that isn't true. My wife's Honda Pilot has a DVD player in it. I only buy Blu-ray discs, sometimes they come with the DVD. So, as long as we have young kids, guess what, we have to buy DVD's for the long trips.... How I survived as a kid without it on road trips across the continental US is beyond me...
2) The industry’s own marketing says so – UltraViolet, a cloud technology embraced by a broad consortium of distributors is selling the concept of multi-platform content access. That means if you buy a disc, you also get to access the digital copy, a “combo-pack” strategy that is now an industry cornerstone.
3) Specialization favors it -- all the small fry things like work out titles, music concerts, etc. still revolve around this format.
4) Blu-ray still the best viewing experience -- everyone on this forum knows this...
5) It’s the collector’s choice -- I guess I fall into that category with >2K HD optical discs...
6) For a lot of Americans, it ain’t broke -- why worry about an internet connection or the right software installed on your device if you can just pop a disc into your DVD/Blu-ray player.
All I know... I'm still buying HD optical discs... Now if my kids will or not is to be seen. Optical discs might be like 8 track tapes when I was growing up. I saw some people using them, but they were on their way out.
Are you going to keep buying optical disc?