Disney has eliminated its entire home entertainment division in a sweeping round of layoffs that intensified concerns over the long-term viability of physical media formats such as DVDs and Blu-ray discs according to a report from The Wrap. Its complete dissolution marks a stark departure from an era when physical discs generated substantial supplemental revenue for studios, often through elaborate collector’s editions featuring bonus features, behind-the-scenes documentaries, and exclusive artwork that streaming services cannot replicate.
Source: Disney Fires The Entire Team Managing Its DVD & Blu-ray Sales