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Best Buy betting on digital media

Source: L.A. Times - Business

Nov 09, 2009

Summary

The retailer is aggressively positioning itself for a future when movies, music and games are watched, heard and played from bits instead of on CDs and DVDs.

Walking between rows of DVDs at the Best Buy store in West Hollywood, Brandy Moore admits that she doesn't always buy the shiny discs anymore since she started downloading movies and TV shows from Apple's iTunes Store. There's just one problem: She hasn't figured out how to watch them on her TV. ¶ "I have a friend who's going to come over and set that up for me," the 34-year-old Los Feliz resident says. "I'm not a computer nerd." ¶ Moore and legions of the technologically challenged like her represent the next frontier for Best Buy, which is not only the nation's largest electronics retail chain but also the second-biggest seller of DVDs, behind Wal-Mart. Sales of CDs and DVDs have declined precipitously this year; along with video games, they plunged 23% from a year ago at Best Buy stores in the company's most rec ...Read the full article

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