Digital TV News: LG

Tubi releases 2024 streaming insights report
Mar 12, 2024 – Tubi (NASDAQ: FOXA, FOX) has released findings from 'The Stream 2024: Streaming Insights for Marketers'. The report provides a deep dive into the behaviors and preferences of streamers in the US.
News categories: Tubi, Cynthia Clevenger, Digital TV, Market Research, Streaming, USA

3 in 4 U.S. CTV users watch live sports via streaming apps
Feb 29, 2024 – LG Ad Solutions has released a study showing a shift in how sports enthusiasts are consuming their favorite games – with streaming apps now dominating over traditional linear TV.
News categories: LG Ad Solutions, Serge Matta, Advertising, Digital TV, Market Research, Streaming, USA

1Q24 LCD TV panel shipments estimated at 55.8 million units
Mar 1, 2024 – TrendForce expects TV panel prices to increase in Q2, enhancing manufacturers’ production willingness and potentially boosting shipments to 61.5 million units, a 10.5% QoQ increase.
News categories: TrendForce, Digital TV, Market Research, Smart TV, Worldwide

LG and Meta join forces on XR device development
Feb 28, 2024 – LG is ramping up its collaboration with Meta. LG envisions that by bringing together Meta's platform with capabilities from its TV business, a distinctive ecosystem can be forged in the XR domain.
News categories: LG Electronics, Meta Platforms, William Cho, Park Hyoung-sei, Mark Zuckerberg, Digital TV, Metaverse, Worldwide

Nexxen settles with Alphonso and LG, entering into three-year partnership
Feb 28, 2024 – Nexxen (AIM/NASDAQ: NEXN) has settled its dispute with Alphonso and LG. Alphonso will also allow Nexxen to monetize a portion of LG's CTV inventory and will use Nexxen's discovery and segmentation tools.
News categories: Nexxen, Alphonso, LG Electronics, Ofer Druker, Serge Matta, Advertising, Big Data, Digital TV, Streaming, Worldwide

Global TV shipments fell 3% in 2023
Feb 26, 2024 – Counterpoint Research is initiating coverage on Global TV shipments with its Global TV Shipment Tracker, a quarterly report split by region, screen size, resolution, ASP and other features.
News categories: Counterpoint Research, Tom Kang, Digital TV, Market Research, Smart TV, Worldwide

Global TV shipments in 2023 down 2.7% YoY at 195 million units
Feb 1, 2024 – TrendForce research indicates that global TV shipments in 2023 were approximately 195 million units - down 2.7% YoY. In the first quarter of 2024 shipments are expected to decrease by 18.9% QoQ.
News categories: TrendForce, Digital TV, Market Research, Smart TV, Worldwide

U.S. home entertainment spending up 16.8% in 2023
Feb 7, 2024 – According to DEG, overall U.S. consumer spending on digital and physical home entertainment formats in 2023 was $43 billion, a 16.8% increase from the almost $37 billion consumers spent in 2022.
News categories: Digital Entertainment Group, Digital TV, DVD, Market Research, Streaming, USA

Five Chicago local TV stations launch NEXTGEN TV
Feb 5, 2024 – Viewers in America’s third-largest television market can now experience the future of broadcast television as five stations join to launch NEXTGEN TV in Chicago.
News categories: Pearl TV, Anne Schelle, ATSC 3, Content Distribution, Digital TV, USA