Sony Thinks Blu-ray Will Sell Like DVDs by Year End

An anonymous reader writes "Sony CEO Ryoji Chubachi knows something we don't. At a press conference, he announced Sony's plan to increase Blu-ray market share to 50% of all movie discs by the end of the year. 'DVD and BD currently account for about 80% and 20%, respectively, of global demand for movie discs, Chubachi indicated. The new BD devices to be offered by Sony include models integrating an HD LCD TV with BD recording functionality, Chubachi pointed out. Sony has relied mainly on the PlayStation 3 (PS3) to promote BD, and sales of the game console will increase along with the offering by top Hollywood studios of new BD movies, Chubachi noted. However, Sony will extend its BD promotion from the current focus on the PS3 and BD players/recorders to IT devices, Chubachi pointed out.'"

Real question :

[Arthur B.]

Will blu ray rips outdownload dvd rips ?

Re:Then you had better lower those prices!

[Hognoxious]

Average people will not spend $400 on new technology especially with an economic recession looming over us.

Right. So credit cards serve what purpose, exactly?

Re:When BDRs are $1, I'm in.

[Anonymous Coward]

I'm in China right now, where compression data rates are hitting all time lows.

It sucks to be you. I've heard people say that China is backwards but I didn't realize that applied to programming where apparently they are implementing less efficient compression algorithims and so compression rates are dropping. I guess that makes me proud to be American where compression rates are increasing.

I think I might just have to call up my congressman as well and see what they can do about this global disparity in compression rates. Why should one country be hogging all the high compression rates, whereas apparently those aren't available in China and other parts of the world?