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ETCentricJanuary 23, 2013
Worldwide spending on watching movies last year reached $62.4 billion, up from $61.1 billion in 2011 and $60.1 billion in 2010, according to IHS Screen Digest. The numbers include theatrical releases, disc rentals, pay TV VOD and digital retail purchases and rentals. North America accounted for 41 percent of global movie revenue in 2012, although spending on physical media saw a decline. Continue reading Report: Worldwide Spending on Movies Up $1.3 Billion in 2012
By
Carolyn GiardinaJanuary 11, 2013
There were a large number of Ultra HDTVs unveiled at CES, but HD or Blu-ray played on a 4K display “visually is not an enjoyable experience,” contends Technicolor CEO Frederic Rose. “A lot of manufacturers say ‘don’t worry, we have software that can upgrade what you are watching.’ What we see is that it doesn’t work because the chip technology that is used in the Connected TVs is actually not performing enough for what is required.” Technicolor is suggesting an alternative. Continue reading CES 2013: Technicolor Addresses 4K Upscaling, Color Science
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Erick MoenJanuary 9, 2013
Panasonic hosted its CTO Eisuke Tsuyuzaki, Fox Filmed Entertainment CTO Hanno Basse and director, writer and actor Danny DeVito Wednesday for a panel on the intersection of technology and entertainment. The two CTOs covered the 4K push, the future of 3D and the relationship between electronic manufacturers and content providers, before making way for DeVito to discuss his view of technology in media production. Continue reading CES 2013: Panasonic and Fox CTOs Discuss the Future of 4K
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Carolyn GiardinaJanuary 9, 2013
By
ETCentricJanuary 7, 2013
Approximately 21 percent of U.S. homes now have a 3D-capable television set, after 5.6 million sets were sold in 2012, according to the Consumer Electronics Association. While 3D TV sales have fallen short of industry’s hopes, video viewing in 3D is on the rise, with 42 percent of 3D-capable HDTV owners watching at least five hours per week. “Consumer interest in 3D TVs and 3D content continues to grow as ownership rates increase,” says Kevin Tillmann, a senior research analyst at CEA. Continue reading CEA Study Indicates U.S. Adoption of 3D TV on the Rise
By
emeadowsJanuary 3, 2013
In the home entertainment space, consumer spending on software rose for the first time since beginning a steady decline in 2006. The Digital Entertainment Group reports that at the end of the third quarter 2012 consumer spending on home entertainment as a whole — including disc, rental and digital distribution — was up by about 1 percent. IHS Screen Digest predicts that spending will total $18.7 billion, 5 percent higher than last year. Continue reading Home Entertainment: Distribution Models Finally Working Together