“We have been watching the price of large HD-ready panels plummet,” Patrick Delany, executive director of sales and product development for Foxtel said. “The prices make them an every-man consumer device. Secondly, the amount of HD content has really exploded. There are major producers of HD content now like BBC, National Geographic and Discovery.”
Foxtel has around 1.5 million subscribers in Australia, and the company believes 25 per cent of those customers currently have HD-ready TV sets.