Blu-Ray is the standard and only HD movie format today and will be for many many more years. *Goes to research DVD and Blu-Ray sales* From what I can find, Blu-Ray sales are increasing while DVD sales are declining. The last figure I found put Blu-Ray sales for 2011 at $2billion while DVD at $6billion and Digital Downloading is at about $1billion. As more people have HDTVs and as more people get Blu-Ray players into their homes(like the Xbox 720) Blu-Ray sales will eventually eclipse DVD to bcome the lead format. Of course, digital sales are also increasing and those will one day overtake Blu-Ray, but they will never replace it. Physical media is here to stay and it will for be for at least a few more decades.
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That's bolded part is accurate. But you're ignoring sales in general of physical movie have declined significantly. Since 2006 piracy has gone up, streaming is growing, and you can now rent movies from machines at most gas stations.
Physical media will still be around for a long time. But its not nearly as profitable as DVDs were and never will be. The problem isn't getting Bluray players in homes. The problem is many people aren't buying movies anymore.
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