We hope everyone had a fantastic 4th of July last week! Entertainment has certainly come a long way since the first American television set emerged in 1928. In fact, MagnaGlobal predicts that more than 60 million U.S. homes will have DVRs in the next five years.
Cable and streaming video technologies are continuing to spread worldwide; Motorola’s HD set-top box expanded to India and Netflix will extend its reach to the Caribbean and more than 40 Latin American countries later this year. Amidst Netflix’ growth and success, Hulu intends to sell their streaming video service to the highest bidder. Who do you think will buy Hulu?
Also, if you missed the holiday fireworks, be sure to check out some beautiful photos that lit up the Twittersphere across the country!
1. DVR Household Penetration To Reach 51.3% In 2016: MagnaGlobal (July 6, 2011) – By Jon Lafayette, Multichannel News
The number of U.S. households with digital video recorders will hit 63.1 million in 2016, up from 40.5 million at the end of the first quarter of 2011, according to media agency MagnaGlobal. Magna forecasts that DVRs will be in 51.3% of TV households in 2016, compared to 34.7% at the end of the first quarter.
2. Motorola Mobility selected by Mplex Networks for High Quality and Reliable Video Broadcast Network in India (July 6, 2011) – By Staff, Sulekha.com
Motorola Mobility India Private Limited today announced that its high quality digital set-top the HM-STB100LC, has been deployed by Mplex Networks. Motorola’s set-top technology advances Mplex Networks’ video experiences for their large subscriber base in Karnataka, India.
3. Netflix To Hit 43 Latin American And Caribbean Countries in 2011 (July 5, 2011) – By Todd Spangler, Multichannel News
Netflix is flying south of the border, announcing plans to offer an unlimited streaming video service in 43 countries throughout Latin America and the Caribbean, including Mexico, later this year.
4. Hulu Courts Buyers, While Netflix Streaming Surges (July 7, 2011) – By Austin Carr, FastCompany
Yesterday Disney CEO Bob Iger said the owners of Hulu are “committed to selling” the streaming video service. Potential buyers such as Yahoo, Google, Microsoft, Amazon, Verizon, and AT&T are interested in scooping up the company.
5. Fireworks Light up Twitter for 4th of July (July 5, 2011) – By Emily Banks, Mashable
As Independence Day makes its way to a close around the U.S., the skies have lit up with images of the celebrations. And, naturally, Twitter has lit up, too.
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