New York — The Anti-Defamation League’s National Consumer Technology Industry divisio
Long Beach, Calif. – Epson America introduced today one of its brightest home theater projectors to date.
The Epson PowerLite Home Cinema 730HD ($649 suggested retail) is billed as a 720p 3LCD projector, designed to perform well in both dark rooms and those with some ambient light.
The Home Cinema 730HD outputs up to 3,000 lumens of color brightness and 3,000 lumens of white brightness. It also includes built-in sound, allowing temporary backyard placements.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.
Los Angeles – Amy Jo Smith has been promoted to president of the digital entertainment industry promotion group the Digital Entertainment Group (DEG), the now 17-year-old association revealed last week.
Smith’s new title reflects “increasing responsibilities as the industry accelerates its transition to emerging technologies that further enhance the consumer entertainment experience,” the DEG said in a statement.
While Sony’s been generating buzz for a 4K media player and video download service that will serve to prime the pump for its flashy, new UltraHD TV sets, it’s not the only company that will ride broadband connections to deliver movies in the eye-popping format.
A much smaller company, ODEMAX, is developing one, too. In fact, it beat Sony to the punch when it lit up a private beta of its 4K download service last month.
New York — Showtime Networks and LG Electronics Thursday revealed a new partnership that is bringing Showtime’s second-screen Sho Sync app to the single screen of select LG smart TVs.
The app, which is scheduled to bring a range of interactive features to a number of Showtime’s most popular original TV series, will ride atop LG Electronics’ LivePlus interactive platform for Internet-connected TVs, enabling Showtime to present viewers with a range of live onscreen polls about storylines and characters within the program being viewed.
Tokyo — Sony Corporation’s board has rejected the suggestion by investor Third Point to spin off its entertainment businesses in a unanimous vote of its board.
In a letter, Sony’s board and management said they “strongly believe that continuing to own 100 percent of the company’s entertainment businesses is fundamental to Sony’s success, and that a rights or public offering is not consistent with the company’s strategy for achieving sustained growth in profitability and shareholder value.”
Los Angeles — The Digital Entertainment Group (DEG) reports that overall spending on home entertainment was up 2 percent in the first half of 2013.
In DEG’s “Mid-Year 2013 Home Entertainment Report,” compiled by its members’ tracking sources and retail input, Blu-ray Disc sales were up 15 percent year on year while electronic sell-through was up 50 percent
Seoul, South Korea — LG Electronics revealed a new global corporate brand identity strategy tied to the theme, “It’s All Possible.”
LG said the global communications and branding strategy will play up the many changes afoot in technology and consumer behavior while the new theme conveys “LG’s consumer focused goals to inspire, empower and make consumers smile.”
Osaka, Japan — Sharp Electronics reported higher sales and posted an operating profit and reduced net loss in its fiscal first quarter, ended June 30.
Sales were up 32.6 percent to 607.9 billion yen. Operating income was 3 billion yen, compared with the prior year’s operating loss of 94.1 billion yen, and the net loss was 17.9 billion yen, down from the 138.4 billion yen loss in the prior year.
Tokyo — Sony returned to profitability in its fiscal first quarter, thanks in part to posting a profit in its TV business and favorable foreign exchange rates.
In its quarter, ended June 30, Sony net income was 3.5 billion yen ($35 million) compared with the prior year’s loss of 24.6 billion yen. Operating income increased 30.1 billion yen from the prior year’s first quarter to 36.4 billion yen ($367 million.)
Sales and operating revenue rose 13 percent to 1,712.7 billion yen ($17.3 billion) year on year, Sony reported.
Osaka, Japan — Panasonic reported higher operating profit and net income, but CE sales were down as the company emphasized profitability in its fiscal first quarter, ended June 30.
Operating profit increased to 64.2 billion yen, from 38.6 billion yen a year ago, due mainly to fixed cost reduction, including a decrease in bonuses and positive impact of yen depreciation.
Net income rose to 107.7 billion yen, from 12.8 billion yen the prior year, mainly on a one-time gain of 79.8 billion yen from pension plan changes incurred as other income.