Digital TV News: iN DEMAND

Larger-sized TVs to drive 8% growth in display area demand
Jul 24, 2024 – According to Omdia, overall display area demand in 2024 is projected to increase by 8% in 2024 compared to the previous year driven by a surge in demand for larger-sized displays.
News categories: Omdia, Digital TV, Market Research, Smart TV, Worldwide

U.S. average spending on streaming drops from $90 to $64 per month
Jun 25, 2024 – Research from Parks Associates shows a 30% drop in spending for streaming SVOD services, with the average US internet household spending about $63 per month on such services, down from $90 in 2021.
News categories: Parks Associates, Sarah Lee, Elizabeth Parks, Digital TV, Market Research, Streaming, USA

KERV and Magnite programmatically deliver AI-powered interactive video ads
Apr 11, 2024 – KERV Interactive and Magnite (NASDAQ: MGNI) have joined forces to enable marketers to layer KERV's AI-powered interactive and shoppable video capabilities on Magnite's omnichannel inventory.
News categories: KERV Interactive, Magnite, Gary Mittman, Sean Buckley, Megan Pagliuca, Advertising, Digital TV, USA

Bitmovin and Yospace launch live streaming ad partnership
Mar 14, 2024 – Bitmovin has announced a partnership with Yospace to deliver a joint solution for live streaming, empowering broadcasters to offer better ad solutions, with a seamless customer experience.
News categories: Bitmovin, Yospace, Stefan Lederer, Tim Sewell, Advertising, Content Distribution, Digital TV, NABShow, Streaming, Worldwide

Indian M&E sector at $27.9 billion in 2023
Mar 5, 2024 – The latest FICCI-EY report has revealed that the Indian M&E sector grew by 8% in 2023, reaching INR2.3 trillion (US$27.9 billion), 21% above its pre-pandemic levels in 2019.
News categories: EY, FICCI, Ashish Pherwani, Kevin Vaz, Digital TV, Gaming, India, Market Research

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

Link Net fixed broadband business to move to XL Axiata
Dec 6, 2023 – XL Axiata and Link Net have announced that they intend to transfer Link Net's fixed broadband business in Indonesia, including its 750,000 customers, to XL Axiata.
News categories: Axiata, Link Net, XL Axiata, Vivek Sood, Kanishka Wickrama, Dian Siswarini, Broadband, Fibre, Indonesia, MandA

Flat panel display oversupply to continue into 2024
Nov 27, 2023 – TVs represent the dominant share of flat panel display demand. DSCC expects TV panel unit growth of 1%-2% per year with the average size increasing from 48.2” in 2023 to 51.6” in 2027.
News categories: DSCC, Bob O'Brien, Digital TV, Market Research, Smart TV, Worldwide

India Smart TV market grew 8% YoY in 1H23
Sep 25, 2023 – According to IDC, 4.5 million TVs were shipped to India in 1H23, up 8% YoY. Sales by e-tailers, new launches/model refreshes and clearing of old inventory fueled the growth.
News categories: IDC, Upasana Joshi, Digital TV, India, Market Research, Smart TV