Sony to exit Blu-ray disc recorder market amid rise of streaming services

TOKYO - Sony Corporation said Monday it has decided to exit the Blu-ray disc recorder market as the widespread availability of streaming services has snuffed out demand, with final shipments of recorders to begin in February.

Sony, a wholly owned subsidiary and the electronics unit of Sony Group Corp., has already ended production of Blu-ray recorders and ceased manufacturing recordable discs in February last year. Blu-ray players will continue to be shipped for the time being.