Spending on home entertainment reached $18.8 billion in the US during 2010, down slightly from $19.4 billion in 2009, according to a report from the Digital Entertainment Group (DEG). The US home entertainment market continued to benefit from the steady growth of Blu-ray, which reached sales of $1.8 billion, while consumer spending on digital distribution […]
A sampling of only 22 brands revealed that websites offering pirated digital content and counterfeit goods generate more than 53 billion visits per year, according to research carried out by enterprise brand protection specialist MarkMonitor. Sites offering pirated digital content draw the lion’s share of the 53 billion annual visits while sites selling counterfeit goods, […]
Mobile broadband subscriptions are on track to surpass 1 billion in 2011 only months after reaching half a billion, Ericsson has reported, highlighting a key growth driver for the telecom sector. “During the course of 2010, a significant milestone in terms of mobile broadband subscriptions was reached as their number surpassed the half-a-billion mark globally,” […]
Shanghai now has over 1.3 million IPTV subscribers, according to local media group Radio and Television Shanghai. Zhang Jian, an official at BesTV, a subsidiary of Radio and Television Shanghai, commented that the development of IPTV has facilitated China’s ongoing efforts towards the establishment of digital TV in the country, and the future of next-generation […]
The digital distribution of film and music failed to offset sharp falls in sales of CDs and DVDs in 2010, with media groups fearing that concerns about the long-term health of high street retailers such as HMV could intensify pressure on the industry over the next 12 months. In the US, total spending on filmed […]
Year on year growth rates of 6.7 per cent have taken broadband subscription to 508,761,837 in the third quarter of 2010, according to figures prepared by Point Topic and revealed by the Broadband Forum in its Global Broadband and IPTV Industry Update. Over 14.3 million lines were added in the third quarter alone, representing 2.88 […]
Fifty per cent of all Mergers & Acquisitions (M&A) by value in the media sector for the year took place in Q4 of 2010, according to advisory firm PwC, who have suggested that this increased activity in Q4 2010 shows signs that the recovery is strengthening in Media M&A. PwC expects the upswing to sustain […]
50% of all Mergers & Acquisitions (M&A) by value in the media sector for the year took place in Q4 of 2010. This increased activity in Q4 2010 shows signs that the recovery is strengthening in Media M&A and PwC expect the upswing to sustain through 2011, gathering more momentum as the year progresses. The […]
Consumer desire for on-demand and online video content will motivate sales of Internet-connectable TV devices to nearly 350 million units worldwide by 2015, setting the stage for intense competition in app development, international market research firm Parks Associates has reported. The firm forecasts worldwide sales of Internet-connectable HDTVs, Blu-ray players, game consoles, and digital video […]
Despite years of big growth and even bigger hype, the network-delivered rental and sale of videos continued to represent only a small portion of the US home video entertainment market in 2010, as consumers flocked to buy and rent Blu-ray discs, according to findings from Screen Digest. The US home video entertainment market, consisting of […]