While automobile manufacturers are increasingly integrating new infotainment and connected technologies to vehicles, younger buyers remain more concerned with economics than the latest tech advancements. The majority of this target market often cannot afford to spend extra money for new features. The most important factors in choosing a car for young buyers tends to be fuel economy and price. Many young buyers are purchasing used cars, rather than new models with updated technology. Continue reading Young Car Buyers Are Influenced More by Price Than New Tech

Samsung and LG, the world’s two top TV manufacturers, recently announced they will unveil 105-inch curved Ultra HD LCD TVs at the Consumer Electronics Show in January. While the first wave of curved OLED TVs touted vivid colors and ultra-thin bodies, the prices were prohibitive for most consumers. Producing larger screens with liquid crystal display technology is a more affordable process, but the new curved sets are still expected to be rather expensive. Continue reading Top Manufacturers to Debut 105-inch Curved UHD TVs at CES

According to a new Broadband Media Intelligence report by IHS, 86.1 million U.S. households had broadband Internet access at the middle of 2013. That figure represents a 70.2 percent penetration of American households. IHS estimates a 71.3 percent penetration by the end of the year, up from 69.6 percent the previous year. IHS also forecasts coverage will reach 74.1 percent by 2017 (about 94.7 million homes). Cable is currently the leading mode of access. Continue reading IHS Says More Than 70 Percent of U.S. Homes Have Broadband

According to the “Online TV and Video Forecasts” report from Digital TV Research, worldwide online television and video revenues over fixed broadband networks is projected to reach $34.99 billion in 2018. The projection marks a significant increase from the $3.98 billion recorded in 2010 and the $15.94 billion expected this year. The report predicts that 520 million homes in 40 countries will watch online TV and video by 2018. Continue reading Significant Jump for Global OTT Television Projected by 2018

Marketers are increasingly looking to smartphones and tablets to reach consumers, as spending on mobile advertising more than doubled during the first half of this year. According to new estimates from the Interactive Advertising Bureau, mobile-ad spending in the U.S. totaled $3 billion in the first half of 2013, up from $1.2 billion the previous year. In related news, research firm IHS projects that the number of Internet-connected video devices will pass 8 billion by 2017, a figure that should also be of interest to advertisers. Continue reading Mobile-Ad Spending More Than Doubles in First Half of 2013

A new report published by IHS researcher Screen Digest indicates that the conversion of theaters worldwide to digital projection is “approaching the end game,” with 90 percent of global screens expected to be digital by the end of 2013. By the close of 2012, 68.7 percent of all screens had been converted, with North America at 84 percent. The news comes one day before this week’s four-day CineEurope exhibitor conference in Barcelona, Spain. Continue reading Digital Cinema Conversion to Reach 90 Percent This Year

In an effort to boost slumping home video sales, Hollywood studios are turning to the classics. Films such as “Rebel Without a Cause” (1955), “Cleopatra” (1963) and “Funny Girl” (1968) are scheduled for rerelease on DVD and Blu-ray Disc. Amid a nearly decade-long drop in home video sales of new movies, largely due to rental options such as Netflix and VOD, demand for catalog titles has held up better. Continue reading Consumer Demand for Classic Films on DVD and Blu-ray?