Will 2012 be Blu-ray’s year?
Posted on June 25th, 2008 – 9:52 AMBy Randy A. Salas
Sales of Blu-ray Discs will exceed those of standard DVDs in 2012, according to a new report released in conjunction with Home Media Expo 2008 in Las Vegas.
The annual report on the home-entertainment industry, compiled by the Entertainment Merchants Association, predicts that Blu-ray sales alone will reach $9.5 billion in 2012 — up from $260 million for high-definition discs in 2007. Overall home-video spending is expected to hit $25.6 billion by ‘12, a modest increase from the current $24 billion, a recently declining figure.
With such increases expected, it doesn’t appear that the EMA is expecting much of a hit from downloads and on-demand video by 2012.
