SHANGHAI, August 28, 2014 /PRNewswire/ — Acorn International, Inc. (NYSE: ATV) (“Acorn” or the “Company”), a media and branding company in China engaged in developing, promoting and selling products through extensive direct and distribution…
SHANGHAI, August 27, 2014 /PRNewswire/ — Acorn International, Inc. (NYSE: ATV) (“Acorn” or the “Company”), a media and branding company in China engaged in developing, promoting and selling products through extensive direct and distribution…
First Replacement Wave Will Drive Renewed Growth in Global Flat Panel TV Sales Says Strategy Analytics
— Strategy Analytics Report Highlights Strong Growth in the Share of TV Sales Bought as a Replacement or Upgrade for an Existing Flat Panel TV Set
BOSTON, Aug. 21, 2014 /PRNewswire/ — The first wave of replacement sales in flat panel TV will help to inject renewed growth into global TV sales over the coming five years. Approximately 23% of global flat panel TV sales in 2013 were bought as a replacement for an existing flat panel display and this share is expected to grow to 67% by 2018 helping to drive overall TV shipment growth of 3.8% CAGR over the same period according to the Strategy Analytics Connected Home Devices (CHD) service report, “Global TV Replacement and Ownership 2008-2018.”
Click here for the report:
Other key findings from the report include:
- The number of global TV households will grow from 1.49 billion to 1.60 billion or 85% of total global households by 2018.
- The global average number of active TVs per TV household peaked in 2013 at 1.72 and will fall to 1.66 by 2018. The USA has the highest level of multiple TV ownership in the world with an average of over 2.6 TVs per TV household.
- The global installed base of flat panel TVs will overtake that of CRT displays in 2014.
David Watkins, Service Director, Connected Home Devices commented: “We are now witnessing the first major wave of Flat Panel TV replacement particularly in developed markets such as Western Europe and North America. Early adopters of the technology are seeking out upgrades to their aging sets driven by a desire for a larger screen, high quality pictures and new, thinner set designs”.
Eric Smith, Analyst, Connected Home Devices said: “Moving forwards the TV industry will become less reliant on consumers purchasing additional sets for their homes as alternative TV viewing devices such as tablets will increasingly impact on demand for small screen TVs that would be destined for use in a bedroom or kitchen. Replacement demand for the main living room TV set will become the major driver of TV sales over the next 5 years”.
About Strategy Analytics
Strategy Analytics, Inc. provides the competitive edge with advisory services, consulting and actionable market intelligence for emerging technology, mobile and wireless, digital consumer and automotive electronics companies. With offices in North America, Europe and Asia, Strategy Analytics delivers insights for enterprise success. www.StrategyAnalytics.com
European Contact: David Watkins, firstname.lastname@example.org, +33-5-33-05-00-53
US Contact: Eric Smith, email@example.com, +1-617-614-0752
Media Factsheet: Singapore Brings Over 200 Hours of Quality Film and TV Content to China International Film & TV Programmes Exhibition
SINGAPORE, Aug. 15, 2014 /PRNewswire/ — The Media Development Authority of Singapore (MDA) will lead eight Singapore media companies to the 12th edition of the China International Film & TV Programmes Exhibition (CIFTPE), to be held in …
TORONTO, July 28, 2014 /PRNewswire/ — Asian Television Network International Limited (ATN) (TSX-SAT), Canada’s largest South Asian Broadcaster and pioneer broadcaster of Cricket, is pleased to announce that it has acquired exclusive Broadcast rights for the first ever Pro – Kabaddi League to be held in India from July 26th to August 31st, 2014.
The Pro – Kabaddi League (PKL) is a professional kabaddi league in India, based on the format of the Indian Premier League (IPL). The first edition of the tournament will feature eight franchises consisting of players from around the world. The 8 teams will play in a caravan format, travelling together to all 8 venues to play a total of 60 league matches. The top scoring four teams at the end of the group stages will play in the Semi Finals at Kanteerava Stadium in Bengaluru on August 29th & the Finals will be held on August 31st, 2014. The 8 franchise teams competing for the cup are… Bengal Warriors, Bengaluru Bulls, Dubang Delhi, Jaipur Pink Panthers (owned by Bollywod Superstar Abhishek Bachchan), Patna Pirates, Puneri Paltan, Telugu Titans & U Mumba. Each game will be shot by state of the art equipment with 12 cameras and the broadcast will also feature Ultra – motion, Overhead shots & Super slo-motion.
The league has the formal backing of the International Kabaddi Federation (IKF), the Asian Kabaddi Federation (AKF) & the Amateur Kabaddi Federation of India (AKFI), who will be closely associated with this event. ATN will carry all 60 games LIVE on 6 ATN channels in 2 different languages. CBN & ATN Cricket Plus will air the games in English language, whereas 4 other ATN channels will air the games in Hindi/Punjabi.
“We are very excited to bring this first ever Professional Kabaddi League to Canada on 6 of our channels. We have always tried to give our viewers different programming options from time to time and I am sure this league will be very well received as it is one of the most popular sport in South Asia,” said Dr. Shan Chandrasekar, President and CEO of ATN. “We want to promote Kabaddi in Canada and showcase it as a World class sport,” he added
Kabaddi is an ancient Indian sport, in which two teams take turns to send a raider to the other’s territory, tag members of the opposing team, and return “home” without being blocked by defenders on the other side. It is the national game of Bangladesh and the state game of Punjab Tamil Nadu, Andhra Pradesh in India and is also popular in Pakistan.
ATN serves Canada’s diverse cultural communities with 52 specialty television channels. The Company offers its flagship ATN-HD general interest service, 5 Bollywood movie channels and a variety of channels that include 3 sports Channels, 3 news Channels, 3 music Channels, 3 lifestyle Channels, 3 Chinese Channels, 6 Punjabi channels, and several regional language channels. ATN operates a South Asian Radio Service on Satellite Radio across The United States and Canada. Some ATN content is also available on any Bell mobile phone that supports video. ATN has programming alliances with leading international broadcasters like Star Network (News Corp), Sony Entertainment Television, Viacom, Times Television Network, B4U Network, NDTV, Disney and many more. ATN channels are available on various Cable, Satellite and IPTV Platforms across Canada like Shaw Cable, Bell TV, Rogers Cable, Bell Fibe TV, TELUS Optic TV, Cogeco Cable, V Media and Others.
We rely on safe harbour provision.
For more information please visit www.asiantelevision.com or contact…
Vice President – Marketing
Asian Television Network International Limited
330 Cochrane Drive
Markham, Ontario L3R 8E4