Best Buy customers looking to purchase DVDs or Blu-ray discs will have to find another retailer after the 2023 holiday season. Starting in 2024, sales of hard copies of movies and TV shows by the c…
New York gas stove ban heats up as gas and construction groups file federal lawsuitStarting in 2024, sales of hard copies of movies and TV shows by the consumer electronics seller will cease, according to Variety and The Digital Bits. The outlets originally attributed the details of Best Buy doing so to unnamed sources.Variety also reported that a Best Buy spokesperson linked the planned wind-down of DVD and Blu-ray sales to changes in how people consume entertainment.
Pumping the breaks on DVDs was something Best Buy concluded it should do earlier this year, according to Variety. The move will reportedly apply to sales conducted online and in physical stores. The upcoming holidays will mark some of the last opportunities for Best Buy customers to still get discs from the retailer, Variety reported. In late August, while participating in the company’s second-quarter earnings call, Best Buy CEO Corie Barry said the retailer was “both pragmatic and optimistic” heading into the holiday season and final two quarters.
Best Buy adjusted its forecast for its fiscal year 2024, projecting annual revenue in the $43.8-$44.5 billion range. For non-GAAP diluted earnings per share, it told investors it expected that to now come in at $6-$6.40 for the year.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Best Buy to cease selling DVD and Blu-ray media after the holidaysBest Buy customers apparently will soon no longer have the ability to purchase DVDs or Blu-ray discs from the retailer. That's happening in 2024, according to reports.
Read more »
The best MacBook to buy in 2023With plenty of MacBook models to choose from, which should you buy? Our guide examines performance, battery life, design, and more to find your answer.
Read more »
Ditch your 4K monitor for one of the best 5K displays you can buyLooking for a high-resolution monitor for content and media creation purposes? Take a look at some of the best 5K monitors that you should be buying in 2023.
Read more »
Best Buy plans to phase out sales of physical movies in the coming monthsBest Buy said it will stop selling DVDs and Blue-rays by early next year. This doesn’t include video games. Best Buy follows Netflix which in September...
Read more »
These are the 11 best iPhone chargers you can buy in 2023Need a new iPhone charger? Today's chargers are more convenient and inventive than ever. Here are the best picks, from wireless chargers to the latest MagSafe.
Read more »
Best Buy CEO Blames Taylor Swift for Sales Slump and 'Funflation'The younger generation is more interested in experiences over tech luxuries, and CEO Corie Barry says that's coming at the expense of the company's profits.
Read more »