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Best Buy Drops Blu-ray Player to $99?
The Insignia brand now retails for $199 and comes with a $100 coupon book.

By Swanni
 
Washington, D.C. (October 20, 2008) -- Best Buy has lowered the price of its Insignia-branded Blu-ray player by $30 to $199.

The player, model
NS-BRDVD, is the first Blu-ray player officially listed at under $200. Some web sites, including Amazon.com., have occasionally sold a Sony Blu-ray player for $194, but the manufacturer's suggested retail has stayed above $200.

In addition, Best Buy's web site says the Insignia Blu-ray player comes with a $100 coupon book inside the box which can be redeemed for Blu-ray movies at the store. (Note: Insignia is Best Buy's private label for numerous electronics.) The coupons effectively cuts the player's price to $99.

The Best Buy price drop is expected to be followed by similar discounts from other Blu-ray manufacturers as the holiday season gets closer.

On Best Buy's web site, the retailer advertises the $199 Blu-ray player under a header that reads, "Blu-ray Price Drops!" The page then includes links to three other Blu-ray players, two priced at $299 (Sony and Samsung) and one priced at $399 (Samsung.) Best Buy was selling the Insignia player for $329 last July.

The Insignia Blu-ray player is a 'Profile 1.1 player' meaning it does not include new interactive features except for picture-in-picture.

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Phillip Swann is president and publisher of TVPredictions.com. He has been quoted in dozens of publications and broadcast outlets, including CNN, Fox News, Inside Edition, The New York Times, The Washington Post, The Chicago Tribune, The Financial Times, The Associated Press and The Hollywood Reporter. He can be reached at swann@tvpredictions.com or at 703-505-3064.

Click TVPredictions.com to read more news and features on TV technology. 

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