530°

Over $60M Spent on Blu-ray Last Week

According to Home Media Magazine, consumers spent over $60M on Blu-ray titles last week, representing 14% of the home media market. The 167% spike is due in large part to the Blu-ray release of 'The Dark Knight', which is breaking Blu-ray sales records around the world. Comparatively, the previous week, where 'Wanted' was the hot new release, consumers spent $23.64M on Blu-ray.

On the year in whole, consumers have spent nearly $500M on Blu-ray titles, and the average spent per week has been growing as adoption continues to rise.

sonarus5624d ago (Edited 5624d ago )

Lies all lies. BLURAY IS DEAD. Sony wanted PS3 and bluray to fail

The Killer5624d ago (Edited 5624d ago )

DVD is enough, we already cant see the difference!! LOL!!

blue ray is here to stay for the next 15+ years, it has the capacity to hold up to 200+GB and i really doubt the movies in the next 20 years will be bigger than 200GB!!

ps4 will have blue ray too! and xbox 720 will lose too much if they dont include it!

DD will not replace physical media format until the majority of earth population have computer with high HDD capacity and with high bandwidth, if someone will tell me this will happened in the next 5 years then i will say it is possible but also he will be considered a mad man who lost his brain!!

TheTwelve5624d ago

the giant CHA-CHING?????

12

Danja5624d ago

CNN , Yahoo , plus 90% of media had declared this already...

just look at th sales of the Dark Knight if you want further proof of this...XD...*sarcasm*

Sarcasm5624d ago

The most random thing happened to me 2 days ago actually.

My parents bought a $199 blu-ray player. And I didn't have anything to do with it.

So whoever did the advertising must have gotten to them lol

ThanatosDMC5623d ago

Probably all those electronics stores they passed by or the newspaper that keeps telling people they need to buy it or they are ancient people. Just like how HDTVs are being advertised.

Rice5623d ago

im sorry how do u have 21 agrees... wheres all the disagrees at?

+ Show (3) more repliesLast reply 5623d ago
TheHater5624d ago

oh wait that just the media propaganda

gw4k5624d ago

If Blu-Ray was dead then wouldn't it be consuming about 0.2 % of the market? It looks like there are a lot of people who need to get their facts right!

Nathan Drake5623d ago

0.2% is currently occupied by Digital Downloads

TOO PAWNED5624d ago

Where are CNN experts?
Sony plan in its making, corpus delictus

Anon19745623d ago

Where's CNN?! Someone has to know the truth!

Johnny Rotten5624d ago

Hey I went x-mas shopping today and I thought I'd pick up some Digital Downloads for the family, it turns out no one knew what I was talking about...

CyberCam5624d ago

Now that's funny LOL! Very amusing post bro.

Nexy5624d ago

This is because salesmen can't understand idiots who visit shops when they want Digital Download...

jsc249jobal5623d ago

Awesome bro lol I bet everyone here that Microsoft has been pumping millions into companies to get the to make some report to say how horrible the PS3 is doing. Another last ditch effort to stop the Sony train that is gearing up. It took alittle longer than normal with the economy, but it is coming. I mean, at $199, the system BETTER be selling 800k + this close to christmas, geesh

Why o why5623d ago

WHOOOOSH

+ a lack of humour + ur attempt at a witty rebuttal also leaves a lot to be desired. chill tf out

+ Show (3) more repliesLast reply 5623d ago
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60°

MSI releases new RTX 4060 Ti bundle that fans of Monster Hunter will love

MSI celebrates the 20th anniversary of Monster Hunter with this unique bundle that features a matching RTX 4060 Ti and game controller.

220°

Why Xbox believes it must cut costs and close studios

Companies, particularly public companies like Microsoft, need to grow.

Read Full Story >>
eurogamer.net
gold_drake8h ago

i mean its pretty simple, they spent close to 30 billion in acquiring activision, they thought they'd make it bk no problem, and that didnt happen.

its just shit that because of MS's miscalculation alot of people lost their jobs.

Jingsing4h ago

This is exactly what many people said would happen including the CMA and FTC. Lies lies and more lies and they allowed a $69 billion buy out to happen.

gold_drake4h ago

oh yeh it was 70 billion. that was my bad haha even worse.

thesoftware7304h ago(Edited 4h ago)

gold,

You can't be serious, right?

Do you think that MS thought they would make 80bill in a year & Half? They haven't even released titles under MS yet, lol.

But in fact, that A/B revenue is already paying off, look at the last earnings call. That $80 billion is long-term money, my guy, no sane person/company would think they would make that back in any short-term situation, it's a long-term investment.

Let's play silly then. If MS's reason for laying off staff and closing studios was due(which it really was not) to the A/B deal, tell me what Sony's reason was for past studio closures, the recent 900-person layoffs, closing Sony London, shutting down Dreams, and closing Japan Studio? Zipper? Psygnosis? cuts at all their internal studios.

Keep in mind, you are claiming MS's reason is because of the A/B deal; please explain Sony's reason.

Hofstaderman4h ago

You actually still defending them? Sheesh.....

gold_drake4h ago

this is not a sony vs MS debate. dont make it something it isnt.

and of course not, but im pretty sure they thought they'd make more money after the deal. they didnt, and closed off some studios.

its pretty insane to think there is any other reason for the closure of studios in this case.

romulus234h ago(Edited 4h ago)

(It really was) due to the Activision Blizzard deal and the loss of physical sales due to gamepass. You keep bringing up Sony in all your posts about this, stop deflecting and trying to change the topic, this is about MS and what they are doing.

BehindTheRows4h ago

Has nothing to do with Sony. Stay on topic.

notachance3h ago

once in a while you see someone too invested in their make-believe console war that everything happened has to be connected to said war…

a bit of banter between fans is normal, this crusade you’re doing now isn’t.

Chevalier3h ago

Wow idiotic. You bring up very old closures not that there haven't been recent ones from Playstations, but, seriously stop deflecting. This has NOTHING to do with Playstation.

Does Playstation got $3 trillion behind them and daddies wallet? No they don't so stop making a fool of yourself.

Xbox has never been profitable really and they just keep losing money so between their worst hardware sales, terrible 3rd party sales and now terrible 1st party sales.

Gamepass numbers that are no longer being announced shows their numbers after 3 years of missed targets has flatlined. Plus their recent gains up to 34 million were ONLY because they folded Gold members in too. Absolutely take your idiotic rhetoric out of here. Keep on topic without deflecting.

S2Killinit3h ago

Ayayayay with these xbox/MS excuses.

+ Show (4) more repliesLast reply 3h ago
thesoftware7301h ago(Edited 1h ago)

Drake,

"this is not a sony vs MS debate. dont make it something it isnt."

You are correct that it's not an MS Vs Sony Topic, but when exaggeration and imagination mix from a one-sided social group, similar examples are needed to ground radical thoughts; in this instance, the example was that shutting down 3,4,5, even 6 studios during a restructure/ buyout/acquisition is not some anomaly(it can suck) that has to be dissected or spell doom and gloom.

"But I'm pretty sure they thought they'd make more money after the deal. They didn't, and they closed off some studios."

But they did make more money, a lot, actually; the last earnings call showed a huge growth in profit, almost all due to A/B revenue.

"its pretty insane to think there is any other reason for the closure of studios in this case."

The fact that they did make money, kinda throws this out the window, and besides, you don't wake up and say, hey let's close a studio, you look at the output, you look at the dev as a whole, the long term and short term, you weigh it against all other studios and goals, you keep key members, ect..then you close if they are the weakest links...which by MS analysis they were.

Again, I will make a small Sony comparison, just so some of you can understand and see past the bias; Insomniac, ND, and Bungie have made some of the best games ever created, yet Sony saw fit to cut jobs in every of these studios, even tho Insomniac & ND are the biggest producers of PS games, leagues ahead better than Tango and Arkane, yet, they saw cuts, mind you, while being the TOP produces of PS first party. They were told to cut costs, and more jobs may be on the line, and Bungie is being threatened by a hostile Sony takeover. Put that in perspective, as I know that layoffs and dev closures are different, but if the best of the best is getting cut off, it is less than surprising, that lesser studios are closing.

@Cheva,
My response fits well with your comments as well. You even went on to prove that the dev closures are not just due to A/B acquisition. Then you point out Sony has less money than MS, inferring that MS should keep devs open that they see as lesser earners, while Sony having less money makes it okay to close them. lol...it doesn't work that way.

gold_drake1h ago

im not reading all of that. u have ur opinion, i have mine.

thats rly it.

but this aint sony vs ms.

ApocalypseShadow1h ago

You're trying to compare a 100 billion company to a company that has 3 TRILLION worth. SIE has to live or die on their own. And in turn, PlayStation has helped the main company again and again. Sony has to balance out what is working and not working in the company.

While Xbox has Daddy Warbucks footing the bill to keep the platform afloat. They have been bleeding money from Nvidia hardware in the OG Xbox, the RROD fiasco, the attempted 2013 DRM nonsense and the lies about being the most powerful console in the world and the losses of paying out millions to prop up a service hoping it catches on with enough subscribers to justify its existence.

They're not comparable if Xbox isn't allowed to live or die by its actions. It's subsidized. Revenue isn't profit. And if they were profiting on their own, they wouldn't be closing developers. If they were profiting, they wouldn't need Daddy Warbucks spending 80 to 100 billion buying up 3rd party publishers to sustain a loss leading platform.

They stopped announcing game sales, stopped announcing hardware sales, stopped announcing game pass subscribers, they are putting games on their competitors platforms but you're telling us that they are doing great even after killing jobs and closing developers at Xbox.

Stop drinking the Kool aid. You're drunk.

anast4h ago

They are going to use AI for a large portion of the game development process. Upper management need bonuses and the shareholders need more money. So, people will lose their jobs.

Skuletor4h ago

Maybe they were already using AI to make business decisions, which would explain why they closed Hi-Fi Rush's studio, then said they need more games like Hi-Fi Rush not long after that announcement.

Crows904h ago(Edited 4h ago)

They shouldn't have bought any studios. Some is okay...but they went on a shopping spree...stupid

Einhander19723h ago

The better question is why did Microsoft buy publishers for a service they were subsidizing they knew couldn't support.

And why are so many websites trying to make people feel sorry for Microsoft instead of truly criticizing the fact they are closing studios and killing jobs that would have been fine if Microsoft themselves hadn't gotten involved.

Quit feeling sorry for Microsoft and start feeling sorry for the industry and the all the gamers who are actually losing out.

THIS IS MICROSOFTS FAULT.

RNTody3h ago

The first thing that happens after any major acquisition or merger is a consolidation of the whole new portfolio, which includes cutting any excess, bloat or portfolios that don't fit the larger MO of the big boy. So far, it's been par for the course with Microsoft and that's why gamers have been so against this acquisition. Tango Gameworks is the beginning. You think Microsoft wants to pay to keep small timers like Ninja Theory in business?

There is absolutely zero evidence to suggest that Microsoft will improve any of these studios, but plenty to suggest that they will get rid of what they don't need and hold onto the IP. The real agenda of the acquisition was always to acquire The Elder Scrolls, Diablo, Fallout, Call of Duty, Candy Crush etc. that will create millions in passive revenue stream for Microsoft regardless of where the games release. Microsoft simply wants their cut.

Because of Games Pass Microsoft has no interest in investing in new IP which is risky and requires creative talent they can neither nurture nor manage. Game Pass has also not grown in the way Microsoft expected it to, even post acquisitions. Therefore the logical thing to do, without serious money makers to release, is to cut as much cost as possible.

Show all comments (25)
70°

RTX 50 series cooling tested up to 600W, but users want Nvidia to fix the adapter first

Nvidia is allegedly testing GPU coolers to handle up to 600W for the 50 series, reigniting discussion of melting 16-pin connectors.