Clermont, Pennsylvania – Clermont-Sudbury, Pennsylvania-based Denon has sold more than 4 million of its Bassetto Blu-ray players since January 2017, according to a report from The Wall Street Journal.
The Deny Shack outlet has sold a total of 1.65 million of the Blu Ray player, according to the Journal.
At the time of the report, Deno had sold almost 4.2 million of the BluRay player.
The Deno Shack outlet is owned by Denona Corporation, a Delaware corporation that is also a publicly traded stock in the Denon Corporation. Denono is owned by Founded in 1982 and is listed on the NYSE Stock Market under the symbol DNP.
Its corporate headquarters are Ingham, Michigan.
“Denon is the only major retailer to report a substantial share of Blu Ray sold,” the WSJ reported.
In a statement, Renegade Gaming and Denon said they were unaware of the WSJ’s report and would not comment further.
Despite the statements of the company and Denona Corporation that their presence in the Market for Bluray player sales is very limited and they have not reported any substantially larger than their share of sold inventory, The WSJ noted that the Denney Shack outlet was a major outlet for Blu ray players for years, with the retailer leading the market with $1.7 million in Blu/ray sold.
As of September 10, 2017, 1,634,054 Blu Rays had been sold, or $2.4 million, according to Denonic for the last 24 hours.
For the next 12 months, DNN estimates the number of subscribers who have purchased at least 1 Blu+Ray player has increased to 1 million.
DDN says it has not heard any news from any other major retailer to sell at the same level of volume as Denonia, which reported sales of 2.7 million Blu rays last quarter.
When asked if Denonics battery plugs for its Blu player would be available in the future, CEO and Founder Tim Wray said they were not aware of any batteries coming out of the production of their B-to-B product to date.
Wayle said that since Denonian buses are not a delivery service for BluRay players, they are not able to ensure deliveries as quickly as their competitors.
According to The Wall Street Review, Blu’s market share has declined in recent years, as its battles with TV makers have weakened.
With the market for the devices deteriorating and retailers losing interest in the devices and more manufacturers and distributors ditching Blu, BingeOn has begun to recover, but the Wall Street Review noted that some companies have stopped buying Blu devices.
Meanwhile, Sony’s Sony Blu Player sales have increased to a record $3.6 billion in 2018, according the Company Report from the Consumer Electronics Association.
However, the consumer electronics industry hasnt increase the sales per device as the TV industry did, and Sony is still the leader in sold Blu Rays and Blu-ray players in the US.
It is estimated that the total Blu revenue has reached $5 billion for 2018, up from $4.3 billion in 2017.
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