P hysical media fans need not panic yet—you’ll still be able to buy new Blu-Ray movies for your collection. But for those who like to save copies of their own data onto the di ...

The Sony-led, multicompany collaborative effort to develop DVD’s successor dates back to 1998, although it would be years before its creators released the Blu-ray white paper in 2004.

DVD and Blu-ray sales fell 26 percent last year. The Sony announcement is just the latest gut punch for Blu-ray fans. It comes on the back of LG revealing that it’s not making new Blu-ray ...