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posted by martyb on Wednesday February 01 2017, @11:48AM   Printer-friendly
from the who-buys-discs-these-days? dept.

Sony has written down $977 million in its movie business, blaming a decline in physical media sales:

In a Monday statement to investors, the company attributed the "downward revision... to a lowering of previous expectations regarding the home entertainment business, mainly driven by an acceleration of market decline." [...] "The decline in the DVD and Blu-ray market was faster than we anticipated," Takashi Iida, a Sony spokesman, told Bloomberg News.


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  • (Score: -1, Offtopic) by Anonymous Coward on Wednesday February 01 2017, @06:48PM

    by Anonymous Coward on Wednesday February 01 2017, @06:48PM (#461730)

    It means North Korea is winning.

    Starting Score:    0  points
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  • (Score: 0) by Anonymous Coward on Thursday February 02 2017, @06:43AM

    by Anonymous Coward on Thursday February 02 2017, @06:43AM (#461899)

    HOW IS THIS OFF TOPIC?!