Los Angeles (CA) – So the Blu-ray disc is the only physical high-definition format left in the market, but that isn't going to translate into lower prices any time soon, according to Andy Parsons, the Chairman of the Blu-ray Disc Association. Parsons, who is also the senior VP of Advanced Product Development at Pioneer Electronics, told attendees at the DisplaySearch/NPD HDTV conference in Los Angeles that Blu-ray volume needs to increase before content makers and set-top makers can cut prices.
Parsons was speaking as part of a panel on high-definition formats and told the audience that Blu-ray hardware and disc prices are behaving the same as when DVD players were first getting popular. "There's not enough market [volume] to lower the price," Parsons said, adding that companies have to build "awareness and demand for the technology," before prices can decrease.
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