Best Buy, an American electronics retailer, will stop selling DVDs and Blu-ray discs at the end of the 2023 holiday season, CNN reported.
Streaming has made DVDs obsolete, Best Buy explains, adding that it will be able to use space in its stores and warehouses for technology products that are in greater demand.
The way we watch TV has changed
“Of course, the way we watch movies and TV shows is much different today than it was decades ago,” Best Buy said in a statement. “The introduction of this change gives us more space and opportunities to provide customers with new and innovative technologies so that they can discover and enjoy them,” it added.
Best Buy currently has 24,000 DVDs available online. In recent years, the company has reduced its product range in this category.
According to Digital Bits, which first reported the change, Best Buy’s exit will make Walmart, Amazon and Target the major DVD retailers. As CNN reported, 45 percent Walmart controls the DVD market.
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