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Peacock on Meta Quest

Peacock is now available on Meta Quest 2 and Meta Quest Pro in the US and certain US territories, marking the first time the streaming service is available on a virtual reality (VR) headset. Users can sign up to watch thousands of movies, TV shows, MLB, WWE, Premier League and NFL games, and other sports […]

April 14, 2023By Nik Roseveare

Forecast: Digital consumer services worth $513bn by 2027

Non-traditional categories of digital gaming, online video, messaging apps, smart home and digital music are showing faster growth, with projected five-year CAGRs of 5 per cent – 21 per cent according to research from Omdia. Although of smaller value than established telco services such as mobile data, pay-TV and broadband, these fast-growing markets are forecast […]

April 12, 2023

Report: AR/VR headset shipments decline sharply in 2022

Global shipments of AR/VR headsets in 2022 declined 20.9 per cent year om year to 8.8 million units, according to data from the International Data Corporation (IDC) Worldwide Quarterly Augmented and Virtual Reality Headset Tracker. The decline was not completely unexpected, given the limited number of vendors in the market, a challenging macro-economic environment, and a […]

March 9, 2023

Bank: Who will win in AI tech?

Investment bank Jefferies has used its University team to undertake a deep dive into AI and explore the possible winners in the technology sector. Jefferies says that the excitement around AI is justified, and it believes that AI tech has the potential to disrupt large parts of the white-collar workforce in time. However, Jefferies stated […]

March 9, 2023

Study: VR sales flat, but usage up

Plume, the personalised communications services pioneer, has revealed insights into the virtual reality device market following a global study conducted from homes powered by its cloud-driven solution. Plume has connected more than 2.2 billion WiFi-enabled devices and currently manages over 45 million locations in the Plume Cloud globally. This latest update explores the popularity and […]

March 2, 2023

Metasurfaces to retire LCD?

Researchers from Nottingham Trent University in the UK, the Australian National University (ANU), and the University of New South Wales (UNSW) Canberra have created metasurfaces that performance better than current LEDs and LCDs. Metasurface technology, according to Display Daily (DD) can be used to manipulate the colour, intensity, and direction of light in new and […]

February 24, 2023By Chris Forrester

Report: 40% of all ad spend goes to Alphabet, Amazon, Meta

The media industry has entered a period of flux according to WARC. What constitutes a media owner is being challenged by structural shifts in the global advertising market worth $993 billion (€934bn) this year. It is becoming harder for content-creating publishers to remain competitive against data-rich performance channels such as retail media, and sustain publishing […]

February 22, 2023

Meta to stream 50+ live NBA games

Meta has announced an extended partnership with the NBA and WNBA. Basketball fans will be able to watch more than 50 upcoming games in XTADIUM and Meta Horizon Worlds with a Meta Quest VR headset. XTADIUM allows users to get closer to the action with high-quality video and the ability to host watch parties with friends. Additionally, […]

January 24, 2023By Nik Roseveare

Omdia: Advertisers moving towards TikTok

Advertisers are moving away from platforms such as Meta and YouTube towards TikTok, according to Maria Rua Aguete, Senior Research Director, Consumer research Group, Media and Entertainment at Omdia. Delivering a ‘Global media and entertainment trends’ overview at the Media & Entertainment Leaders Summit in London, Rua Aguete, noted the increasing interest in advertising on […]

November 16, 2022Colin Mann @ Media & Entertainment Leaders Summit

Meta to axe 11,000 staff

Meta, owner of Facebook, Instagram and WhatsApp, is preparing to cut 13 per cent of its workforce. The first mass lay-offs in the firm’s history will see some 11,000 employees, from a global headcount of 87,000, lose their jobs. In a statement Meta chief executive, Mark Zuckerberg, said the cuts were “the most difficult changes […]

November 11, 2022