By all indications, Blu-Ray is the next media for video playback that should go extinct. Samsung has chosen to stop producing its 4K Ultra HD Blu-Ray players, the fact may be signaling that the market in the sector is down.
According to CNET, Samsung should stop the production of some models of Blu-Ray players with conventional 1080p resolution. It is worth mentioning that the company was one of the first to launch 4K Blu-Rays.
Initially, the change is valid in the United States, so Samsung can continue to produce and distribute Blu-Ray and 1080p player models in other regions.
In any case, the trend is expected to end in some time, as physical media has been in decline for some time. Streaming is currently the preferred option for the public to watch movies and series. This fact can be seen with the rise of Netflix and Spotify. Even video games are entering this new era, in which subscription models are already on the rise.
Obviously, it's still too early to say that Blu-Ray will no longer exist, but we can't confirm that it will be eternal either. Physical media will still have strength in some sectors, certainly.
Well, with Samsung's decision, let's see what the future holds.
Source: CNET