Blu-ray Being Adopted Faster Than DVD

[RustyK94]

Check this from digi bit's

Also today, the Digital Entertainment Group held an interesting press event this morning in Hollywood to talk about the latest HDTV and Blu-ray Disc market research. On hand were senior home video execs from all the major Hollywood studios. Among the interesting revelations (and we'll be talking about them a lot more on Monday) were these: We're now a little over 2 years into the growth of the Blu-ray format. At the same point in the early life of DVD, there were 1.2 million DVD players in U.S. homes. Fox's Mike Dunn claimed that there are more than 2.5 million stand-alone Blu-ray players in the U.S. today, with another 8 million PS3s. Price points for both Blu-ray hardware and software are at about the same level as they were at this point for DVD. BD hardware sales were reportedly up 25% in October from the previous year. And Blu-ray software sales are actually AHEAD of the DVD software sales curve, and have been accelerating even in the last two months as the economic slowdown has become more obvious. The DEG says that a year ago, Blu-ray made up about 10% of total sales of new blockbuster titles. Today, that total is 14%, and the industry expects that to increase to between 18-20% in the next year (likely starting with Warner's The Dark Knight). Much of this is being driven by the adoption of HDTVs in the U.S. (which are now installed in 50% of U.S. households). The DEG's research indicates that some 28% of HDTV households in the U.S. currently view Blu-ray movies. No actual hard numbers were given, but according to the U.S. Census Bureau, there are roughly 111 million households in the U.S. (as of 2007), so some 55 million of those current have HDTVs. At a 28%, that comes out to about 15 million U.S. households watching Blu-rays, either on stand-alone players or PS3s. That's our own rough calculation based on the estimated percentages the DEG provided. We suspect the actual number is somewhere between 10 and 15 million, which would more closely match up with the estimated number of BD players and PS3s mentioned above - something north of 10.5 million. Regardless, that's still an impressive figure when you consider that the laserdisc market - at its height - amounted to a total of 2 million LD players here in the States. In a little over two years, Blu-ray has ALREADY far surpassed laserdisc and is currently running ahead of the DVD adoption curve. So much for those claims that Blu-ray will remain a niche market.

http://www.digitalbits.com/#mytwocents

[Blu Titan]

A very positive thread. Thanks!

[redboxcar]

Lovin' it. =)

[ShelbyGT500]

Very good news!

[neos_peace]

Can you say "told you so!" to all those HD-DVD freaks out there.

[wnicholas76]

This just keeps getting better and better! Excellent news!

[u_nick]

Very nice find. Hopefully this will shut up some of those stubborn folks calling for our downfall.

[Kaiju]

It's getting big

[Red Hood]

Originally Posted by TheMan

It's getting big

That's what she said.



I couldn't help it

[Nerdkiller likes BD]

Actually, I believed that months ago when I was new to this forum, that BD would eventually be adopted faster and will have taken over DVD within the next 4-5 years. This is still great news for us all to go against all those naysayers.

[Kaiju]

Originally Posted by Pyre

That's what she said.



I couldn't help it

Haha!

[quexos]

Really ? so DVD did that bad ?

[Mekon]

Excellent news. Means more releases and more deals.

Cheers
Steve

[SillyMammo]

Wait! How can this be true, when all I hear and read is that Blu-ray is on its last legs?!?!

[Minimejer05]

Good news. Glad its getting adopted sooner.

[Lucy Diamond]

Two years ago, I was still in the research phase of this whole thing and I saw this dude and his girlfriend in the HD isle at best buy. He had an HD-DVD in his hand and she had a Blu-ray. She turned to him and said (para phrase) "No, we are getting THIS kind of player, I like the pretty Blu ones...those red ones are tacky."


Right then and there, I knew it was over.

[STARSCREAM]

^Hahaha. Breat article. I knew this would happen as soon as they stopped the stupid format war and just had one HD format. Blu-ray is catching on VERY quickly and there are some of my extended family members who have been talking about Blu-ray and getting a player for Christmas. I definately think Blu-ray players will be a HOT item this Christmas. Next year should see a huge increase in number of Blu-ray discs sold.

[supersix4]

lol its funny to because they arent even accounting for people who use the ps3 just for movies id say at least 1.5 million use it for that... this should put to rest all the people who say "oh the prices are to high, they need to lower them or dvd will stay on top." Great post !

that link should be bolded onto the front page for all the complainers.

[Mr. J]

Originally Posted by Lucy Diamond

Two years ago, I was still in the research phase of this whole thing and I saw this dude and his girlfriend in the HD isle at best buy. He had an HD-DVD in his hand and she had a Blu-ray. She turned to him and said (para phrase) "No, we are getting THIS kind of player, I like the pretty Blu ones...those red ones are tacky."


Right then and there, I knew it was over.

LOL, that would do it!

[Blu Titan]

Very good information.Thanks for posting.