Best Buy to Stop Selling DVDs, Blu-rays as Physical Media Revenue Plummets
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Best Buy phasing out DVD, Blu-ray sales in stores and online in early 2024
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Move follows Netflix ending DVD-by-mail service after 25 years in September
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Leaves Walmart, Amazon, Target as top DVD/Blu-ray retailers along with Redbox kiosks
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Physical media revenue dropped 28% in 1H 2023 to $754M vs. $1.05B year earlier
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DVD distributor Ingram Entertainment winding down operations after 35+ years