The US television market fell 9 per cent in 2013 despite the usual last-minute rally during the holiday season in the fourth quarter, which failed to compensate for low demand among Americans throughout the year, according to a report from IHS Technology. US TV shipments in 2013 declined to 34 million units, down sharply from […]
Far from being written off as a novelty, the prospects for 3D in the entertainment world remain “extremely strong,” suggested RealD’s CEO Michael Lewis. RealD are best known for manufacturing 3D glasses which handle RealD’s optical lenses. Lewis told analysts, following the company’s Q3 results (to December 31st), that 8 out of the top 10 […]
Back in July 2013 giant screen operator IMAX said it expected China to be a strong market for its new screens. It had just announced a j-v in China with cinema exhibitor Wanda, and IMAX CEO Richard Gelfond said that China was a market “with tremendous growth”. Now, seemingly its Chinese relationship is souring. The […]
Dolby Laboratories EV/CFO Lewis Chew has told analysts that his company was sitting on $958 million in cash and cash equivalents despite spending $11.7 million during the quarter-year to September 30th in buying in its own stock back in for cancellation. These days Dolby Labs is mostly a licensing operation for its audio, cinema and […]
LG Electronics has announced consolidated revenues of KRW 58.14 trillion ($53.10 billion) and net profit of KRW 222.70 billion for full-year 2013, marking an improvement over 2012 results. Operating profits for the Korean-based manufacturerer increased modestly in 2013 to KRW 1.28 trillion from KRW 1.22 trillion in full-year 2012. The LG Home Entertainment Company reported […]
Sony Pictures Entertainment has laid off a number of senior staffers at its Culver City operation which looks after Sony’s Hollywood-based technology group, including the outfit’s president Chris Cookson and some of his staff. Sony Pictures Technologies provides advice and solutions to movie and TV programming including 3D, the newly-emerging 4K production methodology and workflow. […]
Taking what it describes as a “measured and cautious” approach, the DTG, the industry association for digital television in the UK, has suggested that it has the time in the next six to twelve months to define clearly what Ultra-high definition television actually means and what it really means for the UK broadcast industry. Describing […]
A survey by TNS Global buying trends for TVs in the US, especially related to the upcoming Super Bowl. With TV purchases increasing each January (1 million in 2005 to over 7 million in 2013), the survey verifies the growth claiming it’s now the leading time of year that Americans say they will buy a […]
Spending on movies and TV shows in the home entertainment market eked out 1 per cent growth in 2013, the second straight year of increase after declining at a 3 per cent compound annual rate from the market peak in 2004 through 2011, according to preliminary estimates of the US market from IHS Technology. Modest […]
Despite a few false starts, television brands remain committed to the success of active matrix organic light emitting diode (AMOLED) sets, with the new impetus evident at the International CES expected to cause shipments to rise to more than 10 million units in 2018, according to IHS Technology. Global unit shipments of AMOLED television panels […]