Archive | March 5, 2012

Growth in Broadcast / Pro Video Graphic Workstations

5 Mar

According to SCRI’s just released 2012-2013 Broadcast/Pro Video Graphics Workstations Report, Graphic Workstations (GWs) continue to grow at a reasonable rate over the next three years, registering a marginal compound annual growth rate (CAGR) of 1.09% by 2013. SCRI International projects a total of 42.6% of all six professional video/television markets will purchase $376.2 million of these devices this year, compared to 41.9% of all facilities that spent $369.3 million in 2011.

Vitec Reports Growth in Broadcast & Video Markets

5 Mar

Stephen Bird, Group Chief Executive of Vitec, said: “I am very pleased with the results for 2011 where the execution of our strategy has resulted in continued profitable growth enhanced by strategic acquisitions. In 2011 we achieved strong sales growth in the Broadcast market where Vitec has an extensive global presence with well-established market leading products. We have continued to invest in new product development and early sales of our Manfrotto Powerbrand have exceeded expectations. We have added market leading products and technologies through our Lastolite and Haigh-Farr acquisitions and made encouraging progress in the lumpy MAG market. Although the macroeconomic environment is uncertain, Vitec is investing in three core markets that we believe have good underlying growth drivers. We therefore anticipate another year of progress in 2012.”