In today’s digital age where the streaming and online content platforms are dominant, the format DVD physical (DigitalVersatileDisc) and the Blu-ray They have lost popularity in many countries as they are considered obsolete. However, there are still territories where this entertainment medium is still present, including our country, and it must be taken into account that despite the fact that there are several platforms for streaming, there are movies that somehow it is easier to get physically and more if they are old. In addition, it is clear that in rural areas with poor internet connection, many people prefer to watch movies on DVD or Blu-ray.
The DVD format and the Blu-ray They are optical discs used to store and play audiovisual content. These discs can contain movies, TV shows, documentaries, music videos and more, play on DVD or Blu-ray players.
Chart of the Day: Countries That Viewed DVD/Blu-ray Videos
In recent years it has been seen that the format DVD/Blu-ray have experienced a significant decline worldwide. The arrival of platforms streaming as Netflix, Max or Prime, have transformed the way we consume content. The convenience of accessing a wide selection of films and TV shows with just a few clicks has made the physical format less appealing to many, threatening even moviegoing. According to the results of a study carried out by Statista, these physical formats are rapidly going out of style around the world, and the percentage of respondents who watched physical video is decreasing significantly.
In 2019 in Mexico27 percent of those surveyed watched videos in format DVD or Blu-ray and today, only 16 percent do it that way. In the United States, in 2019, 49 percent preferred the physical format and currently, only 29 percent watch video in this way.
Netflix became one of the most widely used subscription-based video streaming services globally, and it could be said that it was the pioneer in that sense, leaving behind the traditional use of watching movies in DVD format. Since then, this transition has seen significant growth as the firm’s revenues have grown from $1.36 billion to more than $26 billion in just 13 years.
It is clear that the rapid advancement of technology greatly influences how we interact with entertainment platforms.