Higher dynamic range in both the cinema and CE viewing experience was a recurring message yesterday at Con-Tech: The 2015 Preview Seminar. The NAB Show and the International 3D and Advanced Imaging Society held a seminar on content and technology trends including 4K production, color gamut, HDR and new workflows. The event, hosted by Paramount Pictures, featured panelists from companies such as Barco, CableLabs, Disney, DreamWorks Animation, Film Magic, Lionsgate, RealD and Technicolor. Continue reading Con-Tech: 4K Production, Color Gamut and High Dynamic Range

Vizio has announced the availability of its P-Series 4K LED HDTV line we first saw during January’s CES. The company is dramatically undercutting most current UHD offerings from competing manufacturers. The 50-inch model is priced at $999, which could help push 4K into the mainstream — while the top-of-the-line 70-inch model is priced at a reasonable $2,499. Despite the cost of the P-Series line, Vizio has not skimped on the specs, including features such as Full-Array LED backlighting and local dimming. Continue reading Vizio Undercuts Price with Launch of P-Series 4K LED TV Line

YouTube is now considered by many consumers to be the leading online resource for watching TV shows. According to research from Frank N. Magid Associates, which polled 2,400 people about online sources they use to watch shows, 38 percent of respondents pointed to YouTube. Netflix held second at 33 percent, followed by Hulu at 17 percent and Amazon Prime Instant Video at 14 percent. The study learned that the number of people who watch video online daily has increased 10 points to 32 percent in two years. Continue reading Growing Number of Viewers Turn to YouTube for TV and Movies

Microsoft announced its Wireless Display Adapter yesterday, a $60 device that will allow Windows and Android users to wirelessly send content from a variety of screens to any displays that feature an HDMI input. For example, users will have the ability to send what they are watching on a tablet, smartphone or laptop to a TV screen or projector. The dongle could also turn an HDMI-equipped TV into a Miracast receiver, which may spark competition with Google’s Chromecast and Roku’s Streaming Stick. Continue reading Microsoft TV Dongle Could Be Much Needed Boost for Miracast

Otter Media announced yesterday that it has taken a majority stake in Fullscreen in a deal that values the digital media company at about $200-$300 million. Otter Media is a joint venture between AT&T and The Chernin Group. Fullscreen connects popular online personalities — such as YouTube stars Connor Franta, the Fine Brothers, and Our2ndLife — with brands interested in reaching an audience under 30 that is increasingly looking online for entertainment. Continue reading The Chernin Group and AT&T Take Majority Stake in Fullscreen

Facebook reportedly plans to unveil a new advertising platform next week that is designed to improve how marketers target and measure their online ads. Atlas, a re-tooled version of the Atlas Advertiser Suite that the social network purchased from Microsoft last year, intends to challenge Google’s dominance in the online ad space. The new platform is expected to help marketers understand the engagement that results from ads on Facebook’s services and third-party websites and apps. Continue reading Facebook Takes Aim at Google with New Advertising Platform

Oculus unveiled its latest VR headset, currently named “Crescent Bay,” at a Hollywood event over the weekend. Some 800 developers attended Oculus Connect, the company’s first conference, to check out the new device. While not yet commercially available, the prototype promises a more comfortable, natural experience. Crescent Bay features 360-degree motion tracking, integrated headphones and improved ergonomics. It is not the consumer version, but is “sprinting toward” it, explained chief exec Brendan Iribe. Continue reading Oculus Debuts Crescent Bay VR Prototype at LA Conference

While Apple had a big weekend selling more than 10 million new iPhones, it wasn’t the only tech giant breaking records. Chinese e-commerce company Alibaba Group Holding Ltd. closed its first day of trading on Friday at $93.89 per share, a 38 percent increase from its IPO price, and the biggest first-day jump for an IPO of at least $10 billion. The IPO became the largest ever at $25 billion, after underwriters exercised a greenshoe option to increase the deal size by 15 percent based on strong demand. Continue reading Alibaba Sets World IPO Record After its First Day of Trading

Oracle announced yesterday afternoon that Larry Ellison has agreed to step down as chief executive officer, concluding what Businessweek described as “one of the most entertaining and profitable runs for a leader in business history.” Ellison, who turned 70 last month, has run the company since co-founding it in 1977. He will remain chairman of Oracle’s board and will become the chief technology officer. Oracle execs Safra Catz and Mark Hurd will share the CEO responsibilities. Continue reading End of an Era: Larry Ellison to Step Aside as Oracle’s Chief

The Alibaba Group, China’s leading e-commerce operator, raised nearly $21.8 billion in its initial stock sale yesterday. While not the biggest initial public offering to-date, Alibaba did have one of the strongest stock sales on record, surpassing those for Facebook and General Motors. When it begins trading today on the New York Stock Exchange, it is poised to become one of the world’s most impressive Internet powerhouses, a compelling blend of Amazon, eBay, Google and other tech giants. Continue reading Alibaba Raises $21.8 Billion in IPO: Ready to Take On Google

Ratings service Nielsen is starting to replace its traditional paper diaries with electronic devices it has developed to measure local TV viewership. Nielsen’s diary-based system, which has been in place in varied formats for at least 60 years, will eventually be retired. To start, the dismantling will affect 14 of the 154 markets in which hand-written viewing diaries are still used to collect data. The new devices will “listen” to the audio portion of shows that are being viewed by consumers. Continue reading Nielsen is Finally Going Electronic, Diaries on Their Way Out

The United States Patent and Trademark Office granted leading aircraft manufacturer Airbus a patent in August for headrests that include helmets attached to a carrier. The headrests will relieve passenger stress by providing entertainment in addition to “sensorial isolation with regard to the external environment.” They will play immersive multimedia content on glasses with display screens that are capable of “holographic projection mode,” according to the patent. Continue reading Virtual Reality Helmet Could Redefine In-Flight Entertainment

In what could prove to be a bold move, Amazon and Apple are planning to allow customers to share media purchased from their digital storefronts with family members. Similar language is being used by both companies to describe the programs, and both are launching around the same time. Apple’s “Family Sharing” program will be available via its new iOS 8 software, while Amazon’s “Family Library” is scheduled to join hardware and software updates slated for the end of October. Continue reading Apple and Amazon Planning Programs for Sharing Digital Media

The Federal Trade Commission announced yesterday that game maker TinyCo agreed to pay $300,000 to settle charges that it violated children’s privacy rules by improperly collecting information. The company was accused of violating the Children’s Online Privacy Protection Act (COPPA). In a separate case, Yelp agreed to pay a $450,000 penalty for doing the same through its consumer review app. Both companies were charged with collecting personal info from children under 13 without parental consent. Continue reading Yelp and TinyCo Face Fines After Violating Children’s Privacy

Microsoft has agreed to purchase Mojang, the Swedish company responsible for developing the world-building computer game “Minecraft.” The $2.5 billion cash deal, expected to be completed later this year, will bring the immensely popular title — and the Stockholm-based Mojang team — to Microsoft Studios, which publishes blockbuster game series such as “Fable” and “Halo.” “Minecraft” is currently the most popular online game on Xbox, and the top paid app for iOS and Android in the U.S. Continue reading Microsoft to Pay $2.5 Billion for Mojang, Maker of ‘Minecraft’