Published By : 04 May 2016 | Published By : QYRESEARCH
When the concept of Blu-ray came out, a lot of people were skeptical about how this over-expensive media format could even survive in the common consumer world. But as we previously did with the CD and the DVD, market competition and mass production methods should manage to get the prices down. What is still incomplete is the entire online market at the disposal of Blu-ray service providers. As the media industry tackles the debate between going offline and losing consumers, or going online and losing profit margins, there are still some points that need to be considered before jumping on to the Internet streaming bandwagon.
Breaking the Movie Theater Rules
Studios are currently desperately struggling against the falling sales figures of not just Blu-ray media, but also DVDs. In the midst of the attempts to revive this market segment, there are people like Sean Parker, who are suggesting what many studio owners could find preposterous. Sean Parker, the guy who started Napster and was one of the creators of Facebook, is now one of the people leading a company known as The Screening Room. Their idea is to offer consumers the option to watch recently released movies at home for US$50 per person. While this falls directly under the movie rules of not selling display rights of a movie within 90 days of release, Sean is proposing to give a share of the profits to the movie theater chains that are screening the same movie. It is still a dicey proposal seeing that each user will be charged US$50 for renting the movie, which is not something many people will be looking forward to.
Markets Witness the Release of UDH Blu-ray Discs
Panasonic had recently released the first ultra-high definition Blu-ray player in to Australian shelves. The new UHD Blu-ray media is 4 times sharper than its standard Blu-ray. Other major players are expected to follow Panasonic into the Australian markets. UHD Blu-ray media has already been on the American markets for quite some time and has just made its way to the U.K. audiences. This means that the current selection for UDH Blu-ray will still be limited to these consumers.