Blockbuster: DVD to Blu-ray shift slower than VHS to DVD
The migration from DVD to Blu-ray isn't as quick as Blockbuster seemed to think it would be.
According to a report by Home Media magazine, Thomas Casey, CFO of Blockbuster said at a recent investor conference in New York that he doesn’t think Blu-ray’s replacement of DVD is “going to be nearly like DVD replacing VHS”.
Although he didn’t give any timeframe for consumer adoption of the HD format, he hinted that the wholesale and retail prices of Blu-ray films could be one of the problems slowing consumer uptake.
Also, DVD offered functional benefits: chapters, special features, subtitles, voiceover tracks, and so forth. Blu-ray cannot claim those leaps forward- image inhancement is great, but fewer people will rush out and drop $4000 on a new television and video player in order to upgrade.