HMV Reports Increase in Blu-ray and DVD Sales

Despite the dominance of streaming services like Netflix and Disney+, HMV reports a resurgence in sales of physical movies and TV shows, particularly in Blu-ray and DVD formats. The increase in physical media sales is attributed to collectors' interest, confusion over content availability on streaming platforms, and rising subscription costs. HMV's managing director, Phil Halliday, highlights the growth in 'physical visual' business, with 4K and Blu-Ray sales doing well, indicating a positive trend in the industry. The retailer, operating 120 stores across the UK and Europe, has shown growth in core product areas like music, technology, and merchandise. HMV's adaptation to changing consumer preferences and strong performance across various categories signal a promising future for the company.