Blu-ray discs and DVDs are going to survive for another 20 years even though great advances are being made in digital downloading.
That is the belief of Reed Hastings, head of NetFlix, the online rental service, who also stated that he doesn’t think a rival physical optical disc will emerge to challenge Blu-ray.
Speaking at an investors meeting, Hastings said on DVD and Blu-ray wouldn’t be replaced by digital downloads and ray Hollywood studios would continue releasing films on disc.
“Our view is that the studios are going to publish DVD and Blu-ray for another 20 years,” he said. “I don’t think there’s going to be another physical optical disc.”