
Let’s not beat around the bush— Blu-ray has been disliked since it first appeared on the tech industry’s radar. And this controversial technology had even the most open-minded tech experts scratching their heads trying to figure out why it was here and why it was so expensive. Well, today’s industry pros are singing a different tune. Rumor has it: Blu-ray is only here to stay because it had a little help from its friends HDTV and Netflix, just to name a few. Industry experts say the Blu-ray market has a bright future ahead of it. They can see these Blu-ray devices growing, evolving and settling into living rooms nationwide—however, they warn there are a few allowing conditions to this perfectly painted future. Unfortunately experts say Blu-ray’s fate lies in the hands of another—actually, there are a couple pairs of hands controlling Blu-ray’s future.
Confirming the rumor, Forrester analyst James L. McQuivey reports that Blu-ray can’t stand on its own. McQuivey claims there are two ways to interpret early adopters of Blu-ray: “They are either a model of consumers yet to come or a high-end exception that will fail to extend to the masses.” Currently, his results show that Blu-ray players are falling into the hands of a niche of aggressive multi-platform viewers, leaning this tug-of-war towards the high-end exception. What could even this out and defuse that niche to a broader audience of videophiles? Bruce Leichtman, President of Leichtman Research Group Inc., thinks he has the answer: HDTVs.

Similarly, Consumer Reports’ Senior Editor of Electronics Jim Willcox thinks that currently, consumers have been treating Blu-ray players just like DVD players, and haven’t quite explored all of its multi-platform possibilities. “The transition from DVD player to Blu-ray player, for those who have them, has been an easy one because of the Blu-ray disc,” says Willcox. “People are used to discs so the Blu-ray player appealed as something familiar and accessible.”

With that being said, why would Blu-ray sales pick up soon? Well, Willcox names two good reasons why Blu-ray sales will pick up and gain a new found consumer following: Blu-ray price points are aggressively lowering, and Blu-ray has the potential to offer compelling services. Willcox says we’ll be seeing new pricing trends for Blu-ray players this holiday season with $99 being a “psychological sweet-spot” for consumers—its under $100, but still pricey enough to hold a trustworthy value. “Black Friday this year we’re going to see a bunch of mainstream Blu-ray players at $99,” he claims. “And the ones a step-up from those will probably be at a $150 price point.”
Willcox also believes Blu-ray sales will pick up speed because of their new compelling streaming features. “We’re going to see more ‘hybrid-players’ that are smaller and portable and are partnering with companies like Netflix, Blockbuster Online, and Vudu,” he says. “These features will prolong Blu-ray’s life and get people to notice it. Unfortunately, Willcox can also see these services being redundant on the players and boring future Blu-ray consumers.

Luckily, it looks like Blu-ray will finally having its year—starting this 2009 holiday season and continuing strong into 2010. Apparently, the lower price points and additional features were enough to make consumers take a second glance at this once despised technology. Even though the Blu-ray following is still a select few, these industry buffs say that’s all going to change. Of course, there are some folks out there that still feel Blu-ray is pointless, but Leichtman reaffirms that once people experience the quality of entertainment they may change their minds.
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