Digital TV News: FITE

Worldwide semiconductor revenue up 7.3% in 2020
Jan 14, 2021 – Following a decline of 12% in 2019, worldwide semiconductor revenue rebounded in 2020 to total $449.8 billion, an increase of 7.3% from 2019, according to Gartner. Intel retained its position at No. 1.
News categories: Gartner, Andrew Norwood, Market Research, Semiconductor, Worldwide

Asia Pacific online video to reach $55 billion by 2025
Jan 11, 2021 – Media Partners Asia (MPA) has reported that the Asia Pacific online video industry grew revenue by 14% Y/Y in 2020 to reach US$30.5 billion. SVOD overtook AVOD to contribute 53% of total revenues; AVOD contributed 47%.
News categories: Media Partners Asia, Vivek Couto, Asia, Digital TV, Market Research, Streaming

Spain's video entertainment market to grow to €4.5 Billion by 2024
Oct 26, 2020 – According to Futuresource Consulting, the Spanish video market has witnessed a polarisation of fortunes in 2020. While many segments have been heavily impacted, others have seen their audiences expand.
News categories: Futuresource Consulting, Joanna Wright, Digital TV, Market Research, Spain, Streaming

Body dedicated to AI-based data compression standards established
Sep 30, 2020 – Moving Picture, Audio and Data Coding by Artificial Intelligence (MPAI) has been established to represent those developing data coding standards with Artificial Intelligence (AI) as the core enabling technology.
News categories: Moving Picture, Audio and Data Coding by Artificial Intelligence, Content Distribution, Digital TV, Media Player, Worldwide

VR market to grow despite pandemic blow to location-based segment
Sep 24, 2020 – ABI Research expects the VR market to grow in 2020 despite some negative impacts from COVID-19. The pandemic, however, has accelerated some trends and increased interest and adoption of immersive technologies.
News categories: ABI Research, Michael Inouye, COVID-19, Market Research, Metaverse, Worldwide

U.S. pay TV suffers historic cord-cutting
Sep 22, 2020 – While pandemic-driven lockdowns may have benefited certain forms of media, traditional pay TV is not one of them. According to eMarketer, cable, satellite, and telecom TV providers will lose the most subscribers ever.
News categories: eMarketer, Eric Haggstrom, Advertising, Digital TV, Market Research, Subscribers, USA

PwC releases Global Entertainment & Media Outlook 2020–2024
Sep 2, 2020 – According to PwC, the COVID-19 pandemic has accelerated and amplified ongoing shifts in consumers’ behaviour, pulling forward digital disruption and forging industry tipping points that wouldn’t have been reached for many years.
News categories: PwC, Werner Ballhaus, Digital TV, Market Research, UK, Worldwide

Subscription home entertainment soars in Australia
Aug 17, 2020 – The COVID-19 pandemic has boosted home entertainment subscription services in Australia according to Telsyte. Australians added 5.6 million new subscriptions to the end of June 2020, an increase of 18% from a year ago.
News categories: Telsyte, Foad Fadaghi, Australia, Digital TV, Market Research

Netflix, Hulu user numbers fell as COVID-19 measures were relaxed
Jun 25, 2020 – The surge in users of subscription video-on-demand (SVOD) services during the stay-at-home period was not always sustained once people were allowed to move around more freely, according to Strategy Analytics.
News categories: Strategy Analytics, Michael Goodman, David Mercer, COVID-19, Digital TV, Market Research, Streaming, USA