Just last week, Sony warned shareholders that revenue from the company’s 2013 fiscal year would be much lower than previously anticipated. This was, of course, in large part due to Sony’s decision to exit the PC business. But also playing a role in the company’s bleak financial picture was the diminishing relevance of Blu-ray.
Anybody in their right frame of mind could see back then that Blu-ray was never going to last. Yes, it had great quality with arguably better quality resolutions compared to its streaming and physical rivals like Netflix, iTunes etc, but the physical disc format will follow the floppy disk, CD-ROM, HD-DVD etc.,and will gradually become irrelevant going forward. Digital is the future.