Disney Hands Off Physical Media Business to Sony in Surprising Move
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Disney has decided to take a step back from the physical side of its movie business. They’ve struck a deal with Sony Pictures Entertainment, who will now handle the manufacturing, distribution, and marketing of Disney’s DVDs, Blu-rays, and other physical media. This means Sony will take care of getting all of Disney’s new and old titles out to the stores in the US and Canada. But don’t worry, Disney isn’t leaving the game completely; they’re still in charge of all the digital stuff.
Now, some folks are wondering if this change might lead to fewer jobs at Disney. The company is planning to look into how this move will affect their team. They’ve said this new arrangement with Sony is all about keeping up with what people want, making it easier to get their hands on physical copies of movies and TV shows.
It’s no secret that not as many people are buying DVDs and Blu-rays as they used to. Sales have been going down for a while now. In fact, in the first half of 2023, sales dropped by 28% compared to the year before. And it’s not just Disney feeling the change. Big names like Best Buy and Netflix are also moving away from physical media. Best Buy has stopped selling DVDs and Blu-rays altogether, and Netflix has closed down its DVD mailing service.
But even with these changes, there’s still a demand for physical media. Some directors, like Christopher Nolan, are big fans of the format. Nolan mentioned how he made sure his movies, like ‘The Dark Knight’ and ‘Oppenheimer’, were specially prepared for Blu-ray. He believes it’s important for people to have their own copies of movies, safe from the hands of streaming services.
So, while the way we watch movies keeps evolving, it looks like there’s still a place for physical media, at least for now. And with Sony taking over from Disney, it’ll be interesting to see how things pan out in the world of DVDs and Blu-rays.
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