Final NAB 2012 Attendance Below Expectations

24 Apr

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Final NAB 2012 attendance figures released by NAB today show that attendance was 92,112, below the 100,000 mark suggested by NAB officials to the Las Vegas Sun earlier this month and only slight up from the NAB 2011 attendance of 91,932. The 2010 NAB attendance was 88,044, with 2009 NAB final attendance at a dismal 82,650. These numbers in contrast to the NAB attendance for ’08 (105,250) and ’07 (105,259 attendees).  NAB attendance, can be seen as an indicator of economic, & specifically broadcast / pro video, economic performance, and as such is consistent with the weak recovery seen in the industry in the past few years.  Indications form SCRI’s annually updated Broadcast Pro Video Marketplace Reports show that 2013 is looking more promising regarding growth of equipment sales to end users across the board.

NAB Attendance Expected to Be Up, But Still Below Peaks of Prior Years

23 Apr

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NAB 2012 show organizers initially indicated 85,000 people would attend this year’s convention — the third-largest convention in Vegas this year and the world’s largest electronic media show. The Las Vegas Sun is reporting that NAB expects final numbers to be at the 100,000 mark.

MP4 Leads Formats for Web & Mobile Video among Broadcast & Pro Video Users

19 Apr

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A recent survey among a broad and comprehensive base of broadcast and pro video users shows that MP4 is the leading video format used by video professionals for distribution on the web and mobile devices (69% web & 58 % mobile).

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Sony Losses Continue

17 Apr

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Sony announced that its losses this year would be worse than it had expected, with the company expecting to lose $6.4 billion in 2012. Sony hasn’t turned a profit since 2008.  In response to the announcement Sony’s share price closed down at a quarter of its value a decade ago.

Breaking News from NAB 2012

16 Apr

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After a weekend of press conferences from the major players, there does not appear to be any major groundbreaking new technology or merger & acquisition news coming from the exhibitors or show floor. WhIle both 3D stereoscopic and cloud computing continue to emerge as new technologies, there does not appear to be the degree of interest from end users yet to drive demand significantly. This in spite of the many glasses-free 3D options shown and the first US presentation of a 200-inch, glasses-free 3D projection system as well as a presentation by James Cameron on  increasing revenue with 5D.  On the cloud computing side, supporters and the exhibitors at the Cloud Computing Pavilion are pushing the notion that broadcasters, programmers and studios all need cloud-based solutions for their post-production, transcoding, storage and delivery requirements.

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Avid Downward Trend Continues

13 Apr

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Preliminary financial results from Avid show that the company currently expects revenues for the three-month period ended March 31, 2012 to be approximately $152 million. First quarter revenues were negatively impacted by weaker demand in the creative enthusiast portion of the company’s business, with revenues down approximately 30 percent compared to the first quarter of 2011. Revenues for the remainder of the business were down modestly compared to last year, according to Avid.

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Pre NAB Broadcast / Pro Video Product Reports!

10 Apr

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All twenty six of SCRI’s annually updated 2012-2013 Broadcast / Pro Video Product Reports are now available in time for NAB 2012 this month.  Reports are as follows:

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Routing switchers will grow by over $25 million through 2013

4 Apr

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Routing switchers will grow by over $25 million through 2013. SCRI International reports a compound annual growth rate (CAGR) of 1.25% for this product category for the three-year period surveyed. Cablers are the strongest vertical market, with 39.3% of all facilities planning to purchase routing switchers this year. This according to SCRI’s just published 2012-2013 Broadcast / Pro Video Routing Switchers Report.

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SeaChange Reports Record 4Q

4 Apr

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SeaChange International, Inc.  reported revenue of $51.7 million (excluding $2.4 million in revenues related to discontinued operations) and a non-GAAP income per share from continuing operations of $0.18 for the fourth quarter ended January 31, 2012. In comparison, fourth quarter fiscal 2011 revenue was $57.9 million and non-GAAP income per share from continuing operations was $0.19, respectively. The Company’s fourth quarter and full year financial results reflect the impact of its previously announced agreement to sell its former broadcast servers and storage business while retaining its video streaming software and related hardware business

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Video servers continue to grow, despite drop in broadcast & cable sectors.

28 Mar

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Video servers continue to grow despite a substantial drop in overall market value in the broadcasting and cabler sectors. SCRI International reports a modest compound annual growth rate (CAGR) of 0.70% for the three-year period surveyed in all six professional television/video markets. This according to SCRI’s just released 2012-2013 Broadcast/Pro Video Servers Report
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