Online video forces change on TV industry

Updated 18 August 2013
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Online video forces change on TV industry

Having turned print media upside down, the Internet now is disrupting television, forcing broadcasters to adapt to tablets and video-on-demand to hold onto views and advertisers.
“The gap between what consumers want and the way the industry is delivering it has grown so big that the industry now has to start to make some moves,” Forrester Research analyst Jim Nail told AFP.
Viacom, Time Warner, Disney, 21st Century Fox, CBS — the second quarter results of the big US media groups confirmed that cable networks remain their cash cows.
For the first time this year, however, American adults are spending more time with the Internet than in front of television sets — about five hours a day compared to 4.5, according to a study in eMarketer this month.
The independent market research firm notes that users sometimes use the Internet and watch television at the same time — and that video represents only part of online consumption.
That doesn’t stop a group like Netflix, which offers films and original programming on demand, from growing and spawning imitators such as Amazon’s online streaming service.
The formula is favored by youngsters who relish cartoons on their tablet devices and TV binge-viewers who watch multiple episodes of their favorite shows in one sitting.
Internet giant Google has joined the party with Chromecast, a device that plugs into the HDMI input of a TV set to provide streaming video.
Apple is meanwhile consistently rumored to be developing online television services.
“There will still be some linear real time viewing of TV for the Super Bowl or breaking news events ... but entertainment-based video will move to more on-demand,” Nail said.
“If you own a TV station, you are in the same position as a newspaper. There will be other ways to watch content and you’re going to be very challenged,” he explained.
On the other hand, “if you are the content owner, you should not worry at all.”
You might have to abandon cable distribution and get a slot on Netflix, but content is in such high demand “that you will be able to make money... It really shouldn’t change your financial outlook or your survival.”
Media groups see the risks in relative terms.
Time Warner chief executive Jeff Bewkes, whose corporation includes HBO and CNN, told financial analysts in a conference call that he regards Internet streaming as complementary to broadcasting — something that adds value to programming.
Viacom talks about adapting to changing public behavior.
“Certain kids are going to consume content on tablets, and if you want your content to have a shot at being consumed you have to have it on a tablet,” its chief operating officer Tom Dooley said.
Viacom is “aggressively” positioning itself in the tablet market with distribution partnerships like the one it forged with Amazon for such children’s shows as “SpongeBob SquarePants” and “Dora the Explorer.”
It has also launched what Dooley called a “phenomenally successful” mobile app for Viacom’s Nickelodeon children’s channel.
“Streaming continues to be a terrific growth driver for us,” affirmed CBS chief Leslie Moonves, whose network has struck an exclusive deal with Amazon guaranteeing the profitability of its summer series “Under the Dome,” based on a Stephen King novel.
Viacom and CBS have seen their income stemming from program distribution rights leap 28 and 22 percent respectively, due in part to the Internet effect.
For those who own content, the multiplication of online video services can have a favorable effect by bidding up the money they can get from selling distribution rights.
In Nail’s opinion, there is “a lot more to do before (television companies) meet consumer demand and create the new business model they need to profit” from Internet-driven change.


Samsung receives reports of Galaxy Fold screen problems, says to investigate

Updated 18 April 2019
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Samsung receives reports of Galaxy Fold screen problems, says to investigate

  • Some tech reviewers of the Galaxy Fold said the phone malfunctioned after only a day or two of use
  • The splashy $1,980 phone resembles a conventional smartphone but opens like a book to reveal a second display

NEW YORK/SEOUL: South Korea’s Samsung Electronics Co. Ltd. said it has received “a few” reports of damage to the main display of samples of its upcoming foldable smartphone and that it will investigate.
Some tech reviewers of the Galaxy Fold, a splashy $1,980 phone that opens into a tablet and that goes on sale in the United States on April 26, said the phone malfunctioned after only a day or two of use.
“We will thoroughly inspect these units in person to determine the cause of the matter,” Samsung said in a statement, noting that a limited number of early Galaxy Fold samples were provided to media for review.
The problem seems to be related to the unit’s screen either cracking or flickering, according to Twitter posts by technology journalists from Bloomberg, The Verge and CNBC who received the phone this week for review purposes.
Samsung, which has advertised the phone as “the future,” said removing a protective layer of its main display might cause damage, and that it will clearly inform customers such.
The company said it has closed pre-orders for the Galaxy Fold due to “high demand.” It told Reuters there is no change to its release schedule following the malfunction reports.
The South Korean company’s Galaxy Fold resembles a conventional smartphone but opens like a book to reveal a second display the size of a small tablet at 7.3 inches (18.5 cm).
Although Galaxy Fold and Huawei Technologies Co. Ltd’s Mate X foldable phones are not expected to be big sellers, the new designs were hailed as framing the future of smartphones this year in a field that has seen few surprises since Apple Inc. introduced the screen slab iPhone in 2007.
The problems with the new phone drew comparisons to Samsung’s Galaxy Note 7 phone in 2016. Battery and design flaws in the Note 7 led to some units catching fire or exploding, forcing Samsung to recall and cancel sales of the phone. The recall wiped out nearly all of the profit in Samsung’s mobile division in the third quarter of 2016.
Samsung has said it plans to churn out at least 1 million foldable Galaxy Fold handsets globally, compared with its total estimated 300 million mobile phones it produces annually.
Reviewers of the new Galaxy Fold said they did not know what the problem was and Samsung did not provide answers.
Bloomberg reporter Mark Gurman tweeted: “The screen on my Galaxy Fold review unit is completely broken and unusable just two days in. Hard to know if this is widespread or not.”
According to Gurman’s tweets, he removed a plastic layer on the screen that was not meant to be removed and the phone malfunctioned afterwards.
Dieter Bohn, executive editor of The Verge, said that a “small bulge” appeared on the crease of the phone screen, which appeared to be something pressing from underneath the screen. Bohn said Samsung replaced his test phone but did not offer a reason for the problem.
“It is very troubling,” Bohn told Reuters, adding that he did not remove the plastic screen cover.
Steve Kovach, tech editor at CNBC.com tweeted a video of half of his phone’s screen flickering after using it for just a day.