"smart TV" articles

In early April, LG announced it would be shutting down its long-struggling smartphone business by July 31 st , 2021. The move did not exactly come as a surprise; LG’s mobile division had been running at a loss for 23 consecutive quarters, the company had hinted at hard decisions ahead for its mobile division, and rumors have swirled about the company being unsuccessful at attempts to find a buyer for the unit. Nonetheless, the move marks a significant exit by a major brand - and is a...

Recent Parks Associates data finds more than 50% of US broadband households own at least one smart TV and the company’s earlier research found 77% of smart TVs among US broadband households are now connected to the internet. New product announcements from top smart TV brands at last week’s CES 2021 reveal that while 4K TV is still popular, these brands are also focused on new technologies and improved smart TV features that will push the smart TV to the front of the in-home video...

In a year unlike any other, CES 2021 similarly proceeded unlike any CES before it, with the virtual event bringing the show to arguably its broadest audience yet. One aspect of the show that remained similar to previous years was the high-profile prominence of the latest and greatest television announcements from CE industry leaders. In contrast to years past however, CES 2021 saw the traditional TV market leaders redoubling their efforts to differentiate their sets in the face of...

As COVID-19 continues to impact the shuttering of movie theaters and the changes within content windowing, device manufacturers have raced to deliver premium home entertainment experiences as a supplement to audiences that regularly attend theaters. An announcement at CES indicates that Sony is leveraging its smart TV technology to generate interest in legacy and recent theatrical titles and its new line of Bravia XR TVs.   At CES 2021, Sony unveiled Bravia Core, a...

As we head towards the new year, it’s a good point to look back at how the connected TV market has changed during the course of 2020. We’ve seen accelerations in the adoption of streaming video products, particularly connected TV devices such as smart TVs and streaming media players. In early 2020, retailers sold out of their existing stock as strong consumer demand ran up against factory shutdowns and delays in shipping. In the third quarter of 2020, production and shipping returned,...

Parks Associates' upcoming Future of Video: OTT, Pay TV, and Digital Media conference on December 14-16 brings together industry leaders to share insights on new trends in the video and connected entertainment industries. Simon Leadlay, Head of Product Management at You.i TV , shared thoughts with us on the OTT industry's shift to online video consumption: How is the shift to online video consumption pushing traditional players to adjust strategies? There are two...

Yesterday, the Wall Street Journal reported that Comcast is in talks with Walmart to partner on a new line of smart TVs. The smart TVs would be running Comcast's X1 operating system, which powers the company's Xfinity set-top boxes and Flex streaming media devices. As per Wall Street Journal's report, Walmart would manufacture and promote the X1 smart TVs in its retail stores, potentially under Walmart branding, and also receive a share of recurring revenue generated via these smart TVs...

The streaming video product market is changing as a whole, with streaming video subscription services contributing significantly to the rising number of users. The COVID-19 crisis is also having an impact on the growth of the streaming video product market, and many sheltering in place households are turning to technology as their primary form of entertainment and productivity. Consumer demand for streaming video products is at an all-time high, and the streaming video market has seen...