The global market for both Blu-ray and DVD discs dropped by 4.8 per cent to $482m in 2008, with analyst Screen Digest blaming both the worldwide recession and online piracy for the dip.
Many had hoped that these threats would have been countered by the growing appetite for HD content offered by Blu-ray, but it is now believed that the growth in both downloadable and streamed hi-def video is having an impact on Sony’s technology.
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