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HD is the new laserdisc

March 8th, 2007 · No Comments

High definition disc formats are turning into the laserdisc of the of the video business. That’s the view of Bill Lustig, owner of cult DVD label Blue Underground. Speaking to the New York Times, he says “It’s taking up a very, very small percentage of the market, and I don’t know if we will see it grow. Most people are happy with their standard-def DVDs and don’t want to replace their movies.”
Blue Underground is one off several specialty DVD companies now struggling to contend with an oversupplied software market that’s diminishing in value. President of indie outfit Synapse Films Don May Jr says that the DVD software business is steadily getting worse. “We’re all drowning in a sea of DVDs. Five or six years ago maybe a hundred titles a week would come out. Now we’re fighting 200 or 300 titles every Tuesday.”

Tags: DVD · HD DVD and Blu-ray · Trade

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