COVID-19 (Coronavirus pandemic) News

TV shipments now expected to fall only 1.7% in 2020
Jul 27, 2020 – According to TrendForce, shipments of TV brands in 2020 are expected to reach a mere 214.11 million units, a 1.7% decrease YoY, but a 4% increase from the previous forecast in March, when the outbreak’s spread was most aggressive.
News categories: TrendForce, Iris Hu, COVID-19, Digital TV, Market Research, Smart TV, Worldwide

COVID-19: Flat-panel TVs down; Streaming media adapters up
Jul 22, 2020 – According to ABI Research, uncertain 2020 economic conditions caused by COVID-19 is negatively affecting the global flat-panel TV market but has caused a surge in streaming media adapter shipments.
News categories: ABI Research, Khin Sandi Lynn, COVID-19, Digital TV, Market Research, Set Top Box, Smart TV, Worldwide

Digital video booms in UK during lockdown
Jul 22, 2020 – Data released by BASE has shown that UK consumer spend on digital film to buy and keep grew by more than 87% during the lockdown period to a year-to-date value of £113 million to the end of June.
News categories: British Association for Screen Entertainment, Liz Bales, COVID-19, Digital TV, Market Research, UK

Roku survey finds nearly 1 in 3 U.S. TV households are cordless
Jul 21, 2020 – Roku (NASDAQ: ROKU) has announced findings from its annual Cord Cutting study, including new insights shared by U.S. consumers about how the COVID-19 pandemic is influencing the shift to streaming.
News categories: Roku, Matthew Anderson, COVID-19, Digital TV, Market Research, Streaming, USA

Subscription TV soars during Australian lockdown
Jul 21, 2020 – New data from Roy Morgan reveals that Australians added new subscription TV services at an astonishing rate during the lockdown period, with subscriptions up 878,000, or +5.9%, in only three months.
News categories: Roy Morgan, Michele Levine, Australia, Cable TV, COVID-19, Digital TV, Market Research, Satellite, Streaming

COVID-19 will accelerate pay-TV revenue decline in Australia
Jul 10, 2020 – Pay-TV service revenue in Australia is set to decline at a CAGR of 3.2% from $2.6bn in 2019 to $2.2bn in 2024 due to declining cable and DTH TV subscriptions and falling pay-TV ARPU, according to GlobalData.
News categories: GlobalData, Deepa Dhingra, Australia, Cable TV, COVID-19, Digital TV, IPTV, Market Research, Satellite

SeaChange leadership extends salary reduction plan
Jul 6, 2020 – SeaChange (NASDAQ:SEAC) has announced that CEO Yossi Aloni, CTO Marek Kielczewski, CCO Chad Hassler and CFO Michael Prinn have elected to extend the previously disclosed salary reduction plan beyond the initial period.
News categories: SeaChange, Robert Pons, COVID-19, Digital TV, Worldwide

Growth in TV Panel quotes even higher than expected in July
Jul 6, 2020 – According to TrendForce, after the 2Q20 period of sluggishness due to the COVID-19 pandemic, the TV panel market has seen demand rebound quickly, resulting in a higher-than-expected spike in TV panel quotes in July.
News categories: TrendForce, Eric Chiou, COVID-19, Digital TV, Market Research, Smart TV, Worldwide

Comscore finds U.S. VOD transactions peaked in April
Jul 2, 2020 – Research from Comscore (Nasdaq: SCOR) shows a continued year-over-year increase in video on demand transactions in the U.S. However, overall consumption for May 2020 declined compared to the previous month.
News categories: Comscore, COVID-19, Digital TV, Market Research, Streaming, USA