Los Angeles Times

Monday, December 28, 2015

Once an underdog, Hulu is becoming a player in the streaming world

At the same time, Hulu faces rising competition from Netflix, which ushered in the binge-watching craze and won loyal subscribers with its high-quality shows such as "House of Cards" and "Orange Is the New Black." Amazon also has been making waves with such critically acclaimed shows as "Transparent." By launching its own marquee shows, Hulu hopes to keep subscribers on its service longer. That's important because Hulu has high turnover rate. A report from Parks Associates found ...read more

Friday, May 29, 2015

Snapchat brings in $538 million from investors

Snapchat's co-founder and chief executive, Evan Spiegel, who turns 25 on Thursday, said this week that the company plans an IPO, though he declined to offer a timeline.

The new cash will help expand Snapchat's workforce. In February, more than 200 employees worked at Snapchat; today, more than 330 do. It's hiring people in Venice, its headquarters, as well as in New York City and Chicago. Online job postings seek computer engineers, ad sellers and recruiters. But a batch of ...read more

Wednesday, March 04, 2015

Sling TV beefs up its basic lineup and adds a movie tier

A new study by Parks Associates lends support to Bhise's statement about the potential demand. In U.S. homes with broadband, Parks reported, nearly half of the video viewed on the television was from "nonlinear" sources such as online services, digital recorders, pay-TV video-on-demand channels and DVDs. That's up from less than 40% in the final quarter of 2010.

Sling is still a work in progress in a couple of important ways. The channel lineup isn't final yet, nor has the c ...read more

Tuesday, September 09, 2014

Apple Watch goes beyond being a wrist-sized smartphone

The Apple Watch enters a tiny market for now, though Apple’s marketing and advertising muscle could change that. Just 4% of U.S. households with high-speed Internet say they are likely to purchase a smartwatch within the next 12 months, according to Parks Associates survey released in June.

From the article "Apple Watch goes beyond being a wrist-sized smartphone" by Paresh Dave.

Friday, August 08, 2014

Wearable devices are unlikely to be big sellers, analysts say

Still, amid signs of a slowdown in smartphone sales and pressure to come up with the next big thing, tech companies are jumping on the wearable tech trend. Many analysts expect Apple, Google and Samsung will roll out wearable tech products in the next 12 months.

But Parks Associates analyst Harry Wang predicts that at best, smartwatch sales will top out at about 120 million around 2018 — a far cry from smartphones and tablets. More than 1 billion smartphones and more than 19 ...read more

Thursday, July 10, 2014

Chromecast, Roku lead 2013 sales in growing video-streaming market

Chromecast and Roku gadgets accounted for more than half of the video-streaming devices sold in the U.S. in 2013, according to a new survey.

Parks Associates, a market research firm, said Chromecast and Roku each accounted for about 32% of U.S. sales of the devices, which connect to the Internet to play content from services such as Netflix and YouTube. Coming in third place was Apple TV, which accounted for 18% of 2013 U.S. sales.

Chromecast's sales are particularly imp ...read more

Friday, June 27, 2014

After initial flop, Google will try again to launch Android TV

Barbara Kraus, market research director at Parks Associates, said about a third of U.S. households with broadband Internet have smart TVs, a percentage expected to double by 2018.

But the top three smart-TV makers — Samsung Corp., Vizio Inc. and LG Electronics Inc. — all have their own operating systems, and analysts doubted that the companies would use Android TV.

Instead, Google said that it's Sony, Sharp Corp. and an overseas brand of Philips that plan to release disp ...read more

Monday, June 16, 2014

Medical giant Medtronic to buy rival Covidien for $42.9 billion

Because both companies already are giants in the medical-devices market, the merger should allow for more robust research and development and more comprehensive health-monitoring capabilities, said Harry Wang, a health industry analyst at product research firm Parks Associates.

The medical devices industry has been plagued by slow innovation, but the merger should advance the market, Wang said.

“By buying up this company and consolidating R&D spending, they have a better ...read more

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