Gartner’s newly released 2011 Hype Cycle Special Report looks at 1,900 technologies and predicts whether they have already reached their “Peak of Inflated Expectations” (such as Internet TV, the report states) or whether these technologies will have widespread influence across a number of industries in coming years
What’s next for your business and the industry? What technologies and products are you going to be able to offer your clients? Find out at CEDIA’s Future Technology Pavilion. The 2011 pavilion will simulate a future home environment with rooms focused on technologies for the kitchen, bath, bedroom, game room, office, living room, and garage. Products in the 2011 Future Technology Pavilion include a massive yet elegant video wall, smart appliances, wireless power for cooking and charging, and fully integrated home health and wellness. The pavilion offers you and your business insight on what you need to learn now to be profitable later. The Future Technology Pavilion is open during tradeshow hours. Click Here for a Sneak Peek at the Pavilion
Boxee has launched its official, free iPad app, allowing users to watch streaming content on the tablet device and transfer playback from the iPad to the Boxee Box. Additionally, the new Boxee Media Manager allows you to stream video to the iPad from a Mac or PC. Alongside the new apps, Boxee has brought AirPlay support and Lion compatibility to its set-top box. The new Boxee iPad app looks really good. Particularly, there are some social networking features that make it easy to share what you’re watching with your friends. Users can also stream content through AirPlay from the Boxee Box, thanks to the latest update. The newest firmware update to the Boxee Box adds Lion compatibility for streaming locally stored files on a Mac running Apple’s latest desktop OS. NFS and AFP support have been added, with there also being better HTML5 implementation in the set-top box’s browser.
Consumer electronics companies Panasonic, Samsung, Sony and XPAND 3D (X6D Ltd.) announced on Monday that they have begun collaboration on a new standard for active shutter 3D glasses called the "Full HD 3D Glasses Initiative." Even though electronics companies are pushing 3D as the next great frontier for cinematic, home theater, and video game-based entertainment, it's been pretty much a flop all around. Earlier this year, beloved film critic Roger Ebert said 3D doesn't work in movies and never will, and Panasonic's marketing director Andrew Denham said these poor quality 3D movies are causing poor sales of 3DTVs. Nintendo's first 3D handheld console, the 3DS, was cut down in price by more than 33% only six months into its availability. Nintendo president Satoru Iwata said the "drastic step" was taken to ensure more users would buy the handheld.
American Airlines has received FAA certification to stream video content inflight via Wi-Fi, and now is offering a library of more than 100 movies and TV shows on flights operated by 767-200 aircraft. The service is available primarily on flights between New York and Los Angeles and New York and San Francisco, though American plans to roll out the service to its entire fleet this year. “We continue to execute this strategy and lead in this space by making prudent investments in innovative, cutting-edge technologies,” said Rob Friedman, American’s VP of marketing. “During this initial phase of launch, Entertainment On Demand allows customers to access content through select personal Wi-Fi-enabled laptops, and in the coming months [we intend] to make tablets and other devices available for use with the product.” TV shows rent for 99 cents and movies go for $3.99. Movies are available for 24 hours, TV shows for 72, and both can be viewed on a portable device after the consumer has debarked, using the same browser and device.
A federal court has issued a preliminary injunction against Santa Clara–based Zediva, essentially ordering a shutdown of its low-cost streaming-movie-rental service. The decision comes less than six months after the launch of the service, which aimed to curtail streaming licensing fees by renting and streaming DVDs over the Internet. Zediva launched in March, hoping to build a business from what it saw as a loophole in the way that DVDs are rented and how streaming-video-on-demand services license content. It built out a data center that housed numerous DVD players, which were hooked up to servers to deliver streaming “rentals” of those DVDs over the Internet. As a result, Zediva was able to offer streaming rentals at a much lower price than competing services that licensed the content for streaming. While most new releases on online VOD services like iTunes or Vudu are priced at around $5 each, Zediva was offering rentals for $1.99 or a package of 10 rentals for $10. It was also able to offer new releases sooner than competing subscription VOD services like Netflix, which must wait for titles to hit a certain distribution window before they’re available for streaming. Because it was buying the DVDs, it could offer new titles as soon as new releases were available for sale in stores.
CEDIA has announced this year’s finalists in the Manufacturers’ Excellence Awards competition. Finalists include 30 products in the Best New Product category as well as two products in the Sustainable Lifestyle Product Innovation category, which recognizes products with an environmentally friendly approach. Winners will be announced at the Electronic Lifestyles® Awards Banquet during CEDIA EXPO on Saturday, September 10 in the Indiana Roof Ballroom. Up to 10 Best New Products will be recognized, and one Sustainable Lifestyle Product Innovation winner will be announced. Also honored at the banquet will be the 2011 Product Hall of Fame inductees as well as winners of the Designer Awards, the Attendees’ Choice Award, the CEDIA/HGTVPro.com People’s Pick Awards, and more! View Finalists here.
Internet connected TVs are becoming a lot more mainstream. The latest sign of that is that Best Buy is announcing its own house label model, dubbed the Insignia Connected TV. Best Buy, the nation's largest gadget retailer, hopes to capture more margin in the increasingly competitive electronics business by selling its own equipment under Best Buy's house brand, rather than selling more gadgets under brand name such as Sony or Samsung. It's a strategy that has been working for a while. This TV will be the first to use Tivo's design interface, giving Best Buy's customers a user interface that is well-known as a good way for browsing for shows and watching TV - without a TiVo subscription. The TV will be available in 32-inch and 42-inch models for $499 and $699 respectively at BestBuy.com and Best Buy stores nationwide. The TVs offer a variety of ways to access movies over the web, such as Netflix, CinemaNow and YouTube. It also has applications such as Pandora, Napster, Facebook, Twitter and Photobucket.
Japan's top consumer electronic firms recovered faster than expected from the March earthquake, keeping their full-year profit forecasts despite a weakening TV market and worries about the outlook for the global economy. Video game maker Nintendo Co was a standout disappointment, unexpectedly slumping to its first quarterly operating loss on record, hit by slow sales of its 3DS handheld game player and a strong yen. It now forecasts its lowest annual profit in 27 years. Sony Corp and Panasonic Corp warned of weak TV sales, especially in the United States and Europe, following Philips and Corning Inc in highlighting sluggish demand. Global consumer confidence fell in the second quarter to its lowest level in 18 months as an uncertain economic outlook, a deepening euro zone debt crisis and rising inflation made people cautious, a Nielsen survey showed.
After a disappointing Q4 saw Logitech reduce the price of its Revue it revealed today that after a net loss of $29.6 million for the first quarter it is cutting the price of the Revue to $99, as well as saying goodbye to CEO Gerald P. Quindlen. Quindlen had been an outspoken supporter of the Google TV box but according to Logitech this price cut and corresponding $34 million hit to its finances are necessary to "remove price as a barrier to broad customer acceptance." In the midst of these results -- as well as lowered sales in several regions and key products like Harmony remotes -- Chairman and former CEO Guerrino De Luca will assume the role of acting CEO while a long term replacement is sought.
It's been about 18 months since Walmart bought Vudu, but as demand for physical media declines, the big box retailer is finally marrying the online video service with its website. By doing so, it's hoping to introduce its customers to a new way of watching movies and getting them to spend money on digital copies instead of buying the DVD. Steve Nave, SVP and general manager of Walmart.com, said the decision to buy Vudu was made as the retailer realized that there was a rapid shift in consumer behavior from purchasing physical media to streaming content online. The acquisition was made to help better position Walmart and its web property as this shift occurred. The result of that purchase can now be seen at Walmart.com. Users shopping online for DVDs and Blu-ray discs on the site will now also have the option of buying or renting digital copies of titles that are available as part of the Vudu streaming library. Once purchased, those movies can then be accessed either through the Walmart website, Vudu.com or on any of the 300-plus connected devices that the Vudu streaming service is available on.
NextGen introduced Active 3D Glasses ($79.95 MSRP) that work with virtually any 3D TV and are the only universal ones on the market that are rechargeable. When used with a compatible 3D TV, users will enjoy lifelike, vivid 3D images right in their home. According to NextGen's President, Bob Dolatowski, "These new Active 3D glasses are highest quality and work with all the major 3D TV brands. What really sets them apart is the convenience of being able to recharge them with a standard USB cable. And a three hour charge lasts about 50 hours which will get you through quite a few movies before they need to be recharged." NextGen's Active 3D Glasses are available to order now and will be shipping around August 1.
Apple, which is sitting pretty on an Uncle Scrooge-sized pile of $76.2 billion in cash, is rumored to be eyeballing making a bid in the upcoming Hulu auction. Apple is currently the world's second largest company, and surely figures it needs to put that cash to use, especially with an enterprise as tantalizing as the Hulu video service is. Hulu would add a subscription service to Apple's portfolio, which, valuable as it is on its own, could potentially flourish within the highly-insulated and interconnected tech ecosystem Apple has put so much work into creating. Hulu also offers Apple an excellent opportunity to jump headlong into the subscription-based streaming video marketed that's been dominated with much aplomb by Netflix until that company's recent dust-up with subscribers over upcoming rate changes.
Despite sluggish sales of Internet-enabled television and 3DTVs, the consumer electronics industry is projected to surpass $190 billion in overall shipment revenues this year, a growth rate of 5.6%, according to a new mid-year industry report from the Consumer Electronics Association. The projection is higher than a previous CEA projection in January. The CEA also predicts industry shipments will grow in 2012, reaching an all-time high of $197 billion. Tablet computers, which offer movie streaming and downloads, are projected to grow 157% in 2011, with more than 26.5 million units being shipped to dealers and resulting in $14 billion in shipment revenue.
Roku launched Wednesday a next-generation version of its popular TV set-top Internet streaming box, highlighted by a more compact form factor, an interactive Bluetooth remote that will support new video game play, and expanded entertainment offerings. The new Roku 2 is billed as a new family of streaming players that will be available in three (good-better-best) versions -- the Roku 2 HD ($60 suggested retail), Roku 2 XD ($80) and Roku 2 XS ($100). All will be available at the end of July and retailer outlets, including Roku.com, Amazon.com, Best Buy, Fry's Electronics and RadioShack. The new line introduces popular casual game play, including Rovio's Angry Birds (free with the XS version), to the system.
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