Blu-ray Prices Dropping Soon

The price of Blu-ray discs will be coming down. Electronista reported earlier today that Panasonic, Philips, and Sony have agreed to form a single licensing firm for the discs. By combining all the required licenses for Blu-ray, DVD, and CD in one place, the new project, once operational, will allow companies to visit one place to acquire rights to Blu-ray burners, discs, and players, which should result in a drop of license prices.

This is a result of a few market conditions. To begin with, you have the economy: Toilet. And then you have the numbers relating to DVD sales versus Blu-ray sales, and while the new technology is slowly gaining ground, that’s just it. It’s slowly gaining ground.

The licensing, believe it or not, is a huge financial concern for manufactures and patent holders. Not too many years ago, a company wanting to make a standard DVD player would have to pay a $15 license for each unit. That’s before anything actually gets made.

Blu-ray Prices to Come Down