Mitsubishi recently announced that it would shutter its front-projection and large-format LCD TV operations in order to focus on the company’s LCD data wall display efforts. Mitsubishi says sustained losses in recent years factored into its decision. The move follows the company’s decision last December to exit the rear projection TV business. Mitsubishi, which developed one-piece rear projection systems in the 1970s, is credited with helping to launch the large-screen TV movement. Continue reading Mitsubishi Exits Front Projection and Large Format LCD TV Biz

At yesterday’s product launch event in San Francisco, Apple announced the fifth generation of its market-leading tablet, promising a “thinner, lighter, faster” device — and introducing a new name. The new iPad Air will feature the same 9.7-inch screen as the fourth-gen iPad and the same A7 processing chip that is in the new iPhone 5S, making it 72 times faster than the original iPad. The new 1-pound tablet is 20 percent thinner and 28 percent lighter than the current model. Continue reading Thinner, Lighter, Faster: Apple Unveils New iPad Air Tablet

In addition to the new iPads unveiled yesterday, Apple made several announcements regarding its hardware and software products. The new MacBook Pro and MacBook Air laptops will go on sale immediately, while the $2,999 Mac Pro desktop will ship before the end of the year. Apple’s iWork and iLife suites of office and creative software are now free with every hardware purchase. Another surprise is the company’s decision to offer its Mac operating system, OS X Mavericks, as a free download. Continue reading Apple Takes New Direction by Offering Free Operating System

As movies are released in higher-definition formats that require more data to play on various devices, the film and CE industries must build a “digital bridge.” So said Twentieth Century Fox Home Entertainment President Mike Dunn at a keynote Monday at the CEA Industry Forum in Century City. The new 4K Ultra HD format has sharper imagery and sound, but is not yet cost-effective. New Blu-ray players are being developed to address that, while cloud storage will also play a role. Continue reading Hollywood and Electronics Industry Must Build Digital Bridge

DreamWorks Animation is using new technology to make animation significantly easier and more cost effective. At a CIO conference in San Francisco Thursday, chief technology officer Lincoln Wallen introduced new software he developed that uses DreamWorks’ private cloud of high-performance computers and parallel processing to speed up the complex process of computer animation. It allows animators to use a touch screen to make real-time changes — a significant development. Continue reading New DreamWorks Animation Software Taps into Private Cloud

To address complaints that theater screens are too dark, especially when showing 3D films, the digital cinema industry is experimenting with laser technology. Advocates of laser-illuminated projection assert that benefits include lower operating costs, reduced power consumption and increased system lifespans. However, others are concerned that the cost may be too exorbitant and fear the involvement of the FDA, since it monitors the use of lasers. Continue reading ShowEast: Digital Cinema Turns to Laser Projection Tech

Netflix posted its third quarter earnings yesterday, announcing that it has added 1.3 million U.S. customers. The video service ended the quarter with 29.93 million paid domestic users. While Netflix’s latest figures suggest the service has surpassed HBO and Showtime in number of U.S. customers, the company’s profit margin remains low in comparison to leading premium cable networks. Regardless, stock was up nearly 10 percent following the earnings results. Continue reading Netflix Sees Spike in Subscriber Base, Profits Remain Slim

Vince Gilligan, the creator of the Emmy-winning series “Breaking Bad,” told BBC in a recent interview that he attributed the show’s following in part to illegal downloads. The dramatic final episode was downloaded illegally more than 500,000 times in just 12 hours — the show’s most pirated episode, according to Variety. But Gilligan also says those downloads negatively affected the people who worked on the show and earned them less money as a result. Continue reading ‘Breaking Bad’ Creator Credits Illegal Downloads for Popularity

Music downloads are on the decline, and many music executives agree that streaming services like Pandora and Spotify are likely a major cause. So far, 2013 has seen 1.01 billion track downloads in the U.S. — four percent less than this time last year. Album downloads are up two percent, however, bringing the total downfall to one percent. Streaming services, meanwhile, have seen a revenue increase of 59 percent since last year. Continue reading Music Downloads on the Decline Thanks to Streaming Services

Sony’s newest cameras, the Alpha 7 and 7R, are what the company calls “the world’s smallest full-frame interchangeable lens models” — and they’re threatening the bulky DSLRs that have been standard for years. The full-frame sensored cameras weigh only about a pound each, yet they record images that are equal in detail and sharpness to those from larger models like the D800 and the Canon 5D Mark III. The new Sony cameras will be on the market in December. Continue reading Sony’s Newest Pro-Quality Cameras Threaten Bulky DSLRs

Facebook yesterday announced an upgrade that enables mobile app developers to run video ads in the News Feed on iOS and Android devices. Advertisers can use video creative in their mobile app ads, which lets developers pay to promote apps through the social network’s mobile News Feed. According to Facebook, customers will have the option to click play in order to watch videos featuring mobile apps before installing them. Continue reading Facebook Update Adds Video Content to Mobile Advertising

San Francisco-based TV guide startup Digit Media — the company behind the NextGuide personal TV watchlist service — has launched new partnerships with Fox, BBC America and truTV. As part of the deals, the networks will add a Reminder Button to their program websites. By clicking on the button, consumers can register for NextGuide and receive reminder alerts via email or the NextGuide iOS app, letting them know when new episodes are about to air on TV. Continue reading NextGuide Has New Network Partners for TV Show Reminders

The Motion Picture Association of America announced that the file sharing search engine isoHunt is shutting down and will pay movie studios 110 million dollars in damages. The search engine has been fighting with studios since 2006, but is finally reaching its demise due to a court ruling that says it enables users to pirate copyrighted works. The site enables users to find files on peer-to-peer networks utilizing BitTorrent file sharing software.

Continue reading Victory for Hollywood Studios: Court Rules Against isoHunt

According to new figures released by the Pew Internet & American Life Project, the number of Americans 16 and older who now own a tablet or e-book reader currently stands at 43 percent. The number of tablet owners has grown to 35 percent, while the share of e-reader devices has grown to 24 percent. Pew Research notes that device owners tend to live in upper-income households and have relatively high levels of education. The numbers also indicate that women are more likely to own e-readers. Continue reading Pew Research: Tablets and E-Readers See Significant Increase

Juniper Research predicts that sales of wearable connected devices, including smart watches and glasses, will hit $19 billion by 2018, up from the $1.4 billion the industry is expected to generate this year. While issues concerning privacy are emerging, wearable devices are expected to become more popular as a result of advances in wireless connectivity and mobile computing. Juniper also cites consumer demand and the rise of related subscription services as key factors. Continue reading Sales of Wearable Devices to Reach $19 Billion by 2018