Guardians of the Galaxy Vol. 3
Erik Gruenwedel
July 28, 2023
Walt Disney Studios Home Entertainment is reportedly exiting the DVD and Blu-ray Disc market in Australia, following similar moves in Asia and Latin America, as parent Disney focuses on digital retail channels and the Disney+ streaming platform for distribution of original movies across its brands, including Marvel Studios, Lucasfilm and Pixar.
Following online chatter regarding the move, Bill Hunt, editor of The Digital Bits, said he confirmed the exit following discussions with multiple sources.
Hunt reports that Guardians of the Galaxy Vol. 3 will be Disney’s last packaged media release in Australia this year.
“Sorry to be the bearer of bad news, folks, but there it is,” he wrote in a July 25 blog post.
A Disney representative was not immediately available for comment.
The disc format has been on steady decline with the rise in transactional VOD and streaming. Sales of discs in the United States dropped nearly 27% in the first quarter ended March 31, to $377 million from $515 million, according to DEG: The Digital Entertainment Group.
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