Sony will cut around 250 jobs from the recordable media business manufacturing hub and will gradually cease production of optical discs, including Blu-ray discs.
Keep in mind that though this is a blow to the industry, it's not like optical media is just yet dead. Hell, there are still new releases to DVDs coming out today.
If I wanted to watch movies destroyed by compression, I'd go streaming. Blu-ray allows for way less compression. There's a reason Blu-ray remuxes aren't DVD-sized. Heck, some movies don't even fit on a single layer Blu-ray! Do you want to compress that to 4.7 GB? And that's only main title, without extras!
Space jam 3! And independent film featuring bugs 🐛 and a 🐇 bunny. The Matrix Housing Crisis.... A film featuring Keanu as the one. He doesn't collect enough retirement money so he's out there pushing a cart. We saw a preview of him in "the matrix". That bum in the subway... anyway good movie 😂.