In late July came the news Disney was ceasing new DVD, Blu-ray and 4K UHD physical media releases in Australia. Whilst other distributors in the country haven’t officially announced similar plans yet, it is being seen as a sign of things to come.
Now, in a major report today, long-running and well-respected home video news site The Digital Bits has learned from their industry sources that United States retail giant Best Buy plans to exit the physical media business next year – possibly as soon as the end of the first quarter of 2024.
Source: Best Buy Exiting Physical Media In 2024? – Dark Horizons