Samsung will stop selling Blu-ray players in the US

High-speed internet has made high-resolution video streaming possible and that is having an impact on the Blu-ray market.

Samsung has just announced that it will stop selling Blu-ray players in the US. Samsung reportedly said that it will stop making 4K Blu-ray players and that it will also be stopping production on some 1080p models as well.

This should come as no surprise considering that even Oppo, who makes highly-acclaimed Blu-ray players that are loved by audiophiles and home cinema enthusiasts, quit making Blu-ray players last April.

According to a Nielsen's report, only 66% of US households have a DVD or Blu-ray player. More tellingly, the average US adult only spends just five minutes a day using a Blu-ray or DVD player.

Live TV continues to be the most popular but streaming services such as Netflix and Amazon Prime are slowly but surely gaining steam, and will likely be the most popular means of couch potatoes getting their entertainment fix in the near future.

Source: The Verge