Samsung exec says Blu-ray likely won't last more than five years

Samsung’s Director of CE in the UK Andy Griffiths doesn’t see a long-term future for Blu-ray and told Pocket Lint in an interview that this is the year for the format to finally work out all the kinks, which it essentially has.

“I think it [Blu-ray] has 5 years left, I certainly wouldn’t give it 10.”

Rather than bank on Blu-ray, Samsung is backing the OLED technology they’ve been working on, but it won’t be ready for the masses until manufacturing costs drop.

“We will launch the OLED technology when it’s at a price that will be appealing to the consumer, unfortunately that’s not yet.”

Griffiths says we won’t reach that point until about 2010. Samsung has been pushing their Internet friendly TVs this year and it’s likely the direction they will continue to go for some time. What was that about downloadable content taking over optical disc media?