Blu-ray is emerging as a holiday hero for Hollywood as the film industry grapples with the rise of digital video and a persistent slump in its most profitable source of revenue — DVD sales.
A combination of the weak economy, online piracy and low-cost rental and streaming services has driven continued declines in DVD sales this year, but strong growth in Blu-ray, premium-priced discs that offer a higher quality home viewing experience, suggests consumers still have an appetite for physical home movie products. Get the full story »