CNET reported Friday that Samsung will cease producing new Blu-ray Disc players for the US market. A representative of Samsung said the website: " Samsung will no longer introduce new Blu-ray or 4K Blu-ray player models to the US market."
Samsung launched a new 4K-capable player in 201
US-based DVD and Blu-ray player maker OPPO Digital also announced last April that it will "phased out the production of new products," but will continue to support existing products.
Sales of video streaming services exceeded sales of DVD and Blu-ray discs in the United States in 2016 for the first time. The trend of rising streaming revenues and a decline in home media sales continued until 2018.
Sources: CNET (Ty Pendlebury), Statista (Felix Richter)
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