The decision is part of the cuts in the media sector, due to the growing popularity of streaming, and has already led to the dismissal of 250 employees in Japan
Sony has announced its decision to phase out Blu-Ray disc production, amid a series of cuts to the company’s media division, which has resulted in the layoffs of 250 employees. The information was released by the Japanese newspaper The Mainichi.
Impact on Tagajo Factory
Sony’s Tagajo plant in Miyagi Prefecture, Japan, will be hit hardest by the layoffs. The unit currently employs about 670 people. The reduction in staff follows the company’s gradual reduction in production of Blu-ray discs and other data storage products, which will also be discontinued.
Decline in demand for physical media
Sony’s internal reports indicate a significant decline in sales in the physical media market, driven by the continued growth of streaming services. This shift in consumer behavior has led the company to reevaluate its physical media production strategy.
Sony is one of the founding members of the Blu-Ray format and has played a crucial role in the development and popularization of this type of media. However, the company, despite being one of the main ones, is not the only manufacturer of Blu-Ray discs on the market, and the decision to end production could influence other manufacturers to follow the same path.
Source: Terra

Rose James is a Gossipify movie and series reviewer known for her in-depth analysis and unique perspective on the latest releases. With a background in film studies, she provides engaging and informative reviews, and keeps readers up to date with industry trends and emerging talents.