It seems Blu-ray movie sales had a rough month during August, mainly due to lackluster movie releases that didn't have consumers ready to part ways with their hard earned cash.
Each week, Blu-ray revenue relies heavily on which movies are being released by the movie studios, and there simply have not been enough major releases this month. In the month of August, the top five movies were Batman Begins, The Bank Job, 21, 10,000 B.C. and Jumper -- none of the movie titles were new.
Blu-ray market share is down to eight percent compared to 92 percent not surprisingly by the DVD format. Movie studios are now working on releasing both new movie titles and older classics onto the next-gen format, with varied levels of success.
Movie studios hope the fall movie season will help increase sales again, although it remains unknown what movies consumers can expect to purchase next month. As the price of Blu-ray players continues to drop, the studios also are anticipating good sales numbers leading into the 2008 holiday shopping season that starts in November.
