Friday, August 10, 2007
News Flash! HD DVD and Blu-Ray Finally Beat...VHS
Posted by Jeremy Charette in "NEWS" @ 12:00 PM
"According to a research piece from trade publication Video Business, sales of Blu-ray Discs and HD DVDs combined in the first half of 2007 beat VHS. During the last six months of 2006, the now-archaic format was still edging out the high definition newcomers. By 2005, VHS's market share in the home video market had fallen to around 15%, and has continued to fall ever since. Blu-ray and HD DVD overtaking the dying format was more or less expected, but through the end of 2006 the high-def competitors were still behind."
Amazing. A format over 30 years old, and vastly inferior in every way, was just recently overtaken by the combined sales of both high-def disc formats. This, after years of development, and marketing campaigns in the tens (if not hundreds) of millions of dollars. The "HD war" has to be the biggest failure in the entertainment industry since the Laserdisc.
Amazing. A format over 30 years old, and vastly inferior in every way, was just recently overtaken by the combined sales of both high-def disc formats. This, after years of development, and marketing campaigns in the tens (if not hundreds) of millions of dollars. The "HD war" has to be the biggest failure in the entertainment industry since the Laserdisc.
