Blu-Ray will go down in history as the last successful mass-market media distribution format. From here on out, all distribution of content will be via Internet.

It’s largely a generational thing, really. Most kids (up to people in their early 30’s, generally) seem to be pretty comfortable with electronic delivery of their content. They’re perfectly content getting the majority of their content from their game consoles’ media stores, on their iPad or phone, or from Netflix or Amazon.  The older generations are not likely to really see much advantage with any media beyond Blu-Ray.  Even now, many in the 50+ age bracket seem happy with DVD.  I know more than one person in that age range that still actively uses VHS…