Rumor: Best Buy may exit the physical media business

October 13, 2023 by No Comments

The main points of the story

  • According to the latest report from The Digital Bits, Best Buy is exiting the physical media business as early as the end of the first quarter of 2024.
  • This includes not only DVD, Blu-ray and 4K Ultra HD sales but also online sales, meaning no more titles through Best Buy.
  • Josh Fairhurst, CEO of Limited Run Games, has also heard rumblings of Walmart dropping physical Xbox games. Since this is still a rumor, readers should take this news with a grain of salt.

According to A Final report, The most affordable purchase May exit the physical media business for good as early as the end of the first quarter of 2024 (thanks, The Digital Bits). The physical media business includes DVD, Blu-ray and 4K Ultra HD sales and online sales. While this comes as a surprise to many, Josh Fairhurst, CEO of Limited Run Games, adds that he has heard rumblings of Walmart You will also release physical Xbox games soon.

Frequent visitors to Best Buy may not be surprised to see the store ditching physical releases, as no matter the location, their physical media shelves have been emptying as we’ve gone on. However, the cessation of online sales also seems to be the bigger shock. This could mark one of the most significant events in an era of drastic decline in physical communication.

Another unfortunate news shared by me Josh Fairhurst, who heard about Walmart discontinuing physical Xbox games pretty soon. This could be followed by further cuts to physical gaming media as we go deeper into 2024. Walmart is one of the largest retailers of Blu-ray, DVD and 4K releases, enjoying a 45% market share. Other Twitter user Add to this rumor with their findings.

I spoke with a Walmart manager at the Mississauga Walmart here in Canada a few weeks ago. He told me that they barely order Xbox games anymore and will probably stop altogether sooner rather than later,” says Mike Fleckingham.

It should still be noted that the Best Buy and Walmart rumors come from separate sources and should be taken with a grain of salt as we cannot confirm their validity. But with the end of the first quarter of 2024 closer than ever, it needs to be verified or disproved sooner rather than later. For those who don’t know, the first quarter of 2024 in the US runs from October 1, 2023 to December 31, 2023.

The golden days of DVD and Blu-ray are long gone, and now, we’re seeing a massive increase in video game retailers and publishers announcing digital-only releases. Although many sources of physical discs of specific titles are still available, it has become quite expensive. Even so, if there’s a title you like, now might be the best time to purchase the disc and preserve it as best you can.

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The most affordable purchase is an American multinational retailer that began as an audio specialty store named Sound of music in 1966. It is the largest specialty retailer in the US and was even ranked 72nd in 2018 Fortune 500 list of American corporations by total revenue. The retail store has become a major source for purchasing physical and online media releases.

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