Ten years ago I bought atleast 50-100 movies/series a year...In 2013 I bought the last South park/Walking dead season and that is all... Physical media is for collecting things that I love.

I paid £200 (like $300) for my monitors a year ago. They're not going to be replaced by $1000 monitors, especially when you consider the upgrade

I understand they're not that great on blu-ray, but that is the best version of them avaliable. Recent movies are going to look the best, but my point is often I don't care. I really couldn't see a significant difference when watching Scott Pilgrim. The sound quality is probably more noticable, but in this case I was trying to piss off my brother by saying every line of the film before the actors did....

I bought a 2500€ soundsystem just 2 years ago and when I want to use this properly I have to get the content on BluRay. So I have something like 100 - 130 BluRays today, but I spent at least another 200 - 300€ on video rentals on Xbox Live in the past 3 years.

I just got the third season of "The Walking Dead" for xmas on BluRay, but I forgot that I haven't even watched season 2 yet. I just realised this when I read online what has happened in this series so far. I was so sure that I watched season 2 already! So I went to my disc collection and found season 1 on DVD. I had to buy season 2 that day from Xbox Live for 32€.

So this is my The Walking dead series right now:

Season 1 --> DVD
Season 2 --> Download
Season 3 --> BluRay

pretty strange

I will keep on switching between BluRays and downloads though.
BluRay for Action / blockbuster movies with great sound (Die Hard series, Olympus has Fallen, Wanted, The Patriot, saving private Ryan, etc.) and downloads for comedy and other movies (American Pie series, This is the end, Ted, etc.)

All that stuff was already available with Laserdisc though. DVD made it affordable to the masses, and movies the size of viny records that have to be handled carefully just weren't practical for renting. The jump from Laserdisc to DVD was actually a step back in the beginning until compression and mastering techniques got better. (many dvds at the start were straight recordings from VHS, the subtitles were burned into the picture...)

The jump from DVD to blurays was also a small step back in user friendliness. It's faster to put on a dvd than it is to put on a blu-ray. What is a huge advantage is standard 16:9 output for all blu-rays. No more formatted for 4:3 next to letterbox next to 16:9 enhanced versions.  And 6x the resolution, lossless sound, over 5 times the max bitrate and disc size and a twice as efficient compression codec, all result in a much biggger jump than vhs to dvd.

The jump from bluray to 4k bluray is not only for better resolution, but will also finally address the color resolution. Rec. 2020 is supposed to replace the rec. 709 color standard from the 90's, allowing more accurate color reproduction and also 10 and 12 bit color. http://asia.cnet.com/uhd-and-beyond-rec-2020-glimpses-the-future-of-tvs-62220836.htm

But yeah from a convenience stand point, blu-ray doesn't offer much over dvd. And if you don't have at least a 42" full HD tv, HD streaming looks pretty close and does offer a lot of extra convenience.
Blu-ray adoption hinges more on bigger screens entering homes and the xbox one might give more poeple a way to try out blu-ray on their new 50" or 60" 1080p tv. Maybe some will see the light :) Plus with 4K blu-ray coming, blu-ray might start coming down to dvd prices.

DVD Players have existed for twenty years, but Sony made DVD players affordable to the masses 14 years ago. Blu Ray is past the first phase of its exposure to a wide audience. Even the Xbox and Wii have Blu Ray. Once Xbone gamers and Wii U gamers experience Blu Ray they might just start to buy Blu Ray through influence of the differential experience. I wasn't a believer in Blu Ray until I bought the PS3. I couldn't watch DVD's any longer. People don't know until they try it.

Some more extremely selective from some of you MS guys. I'm starting to notice a pattern emerging.  

 @ MB1025

 I definitely agree the quick turn around played a part in it.  DVD had only came out 11 years prior (1995) to the release of Bluray.  Though, it didn't really kick off until 2000, when players dropped in price and the PS2 was released.  Of course, Sony and Philips had to act quick, otherwise HDDVD would have become the standard.

Just a quick correction, though.  VHS was around for 19 years before DVD was released, not 30 years.  Still, 8 years longer than DVD to Bluray.

Obviously wider HW support and user base will help achieving economies of scale for BD, making it a more popular HD physical format even if physical is shrinking while DD is growing. Not to mention that there are still many people with connections slow enough to still keep physical format the best choice for HD.

No. I prefer to stream movies at 360p or 240p for free.

Unfortunately WiiU does not support DVD or Bluray playback, at least not without hacking the console.
You can ofcourse watch the digital copy on the gamepad. I must have hundreds of digital movie vouchers from blu-ray, haven't tried it once though.

I still have a huge dvd collection, although I have upgraded my top 50 so far. DVD looks so dull color wise, image stuttering from 3:2 pulldown conversion, some with interlace problems and 4:3 letterbox versions of 2.35:1 movies, that's less then 360p you tube quality.

4K tvs will probably push blu-ray as well. With a decent upscaler blu-ray on 4K will blow 5 and 10 mbps HD streaming out of the water.
Blu-ray has only recently reach mass consumer prices, they can be had for as low as $60 now. Why keep buying dvds indeed.

I think they are associating Sony with the ability of Blu Ray to become a mass market item. Everything they do in the console realm translates to the electronics market whether or not it helps other companies.