In the last decade, the U.S. market for physical discs has gone from a more than $10-billion business to roughly a third of that in terms of consumer spending, according to data from the Digital Entertainment Group. Two major players, Universal Pictures and Warner Bros., have proposed an unusual plan to stay in the business of selling shiny physical discs. AdvertisementYet physical discs remain important to some consumers, including fans of classic cinema. Additionally, Warner Bros. and Universal plan to save costs by splitting up international DVD releases by country. Los Angeles-based Universal will take on distribution of Warner Bros. discs in Germany, Austria, Switzerland and Japan, while Burbank-based Warner Bros. will handle Universal’s sales in Britain, Italy, Belgium, the Netherlands and Luxembourg.

Source: Los Angeles Times January 15, 2020 17:03 UTC