According to new figures released by the Pew Internet & American Life Project, the number of Americans 16 and older who now own a tablet or e-book reader currently stands at 43 percent. The number of tablet owners has grown to 35 percent, while the share of e-reader devices has grown to 24 percent. Pew Research notes that device owners tend to live in upper-income households and have relatively high levels of education. The numbers also indicate that women are more likely to own e-readers. Continue reading Pew Research: Tablets and E-Readers See Significant Increase

Juniper Research predicts that sales of wearable connected devices, including smart watches and glasses, will hit $19 billion by 2018, up from the $1.4 billion the industry is expected to generate this year. While issues concerning privacy are emerging, wearable devices are expected to become more popular as a result of advances in wireless connectivity and mobile computing. Juniper also cites consumer demand and the rise of related subscription services as key factors. Continue reading Sales of Wearable Devices to Reach $19 Billion by 2018

Facebook announced this week that it would allow teenage users between 13 and 17 to make their posts public so that they can be seen by anyone on the social network, underscoring the competition between today’s social platforms to reach the teen audience and attract advertisers. Previously, the posts of teenage users could only be viewed by friends and friends of friends. While drawing criticism from privacy advocate groups, the move will enable Facebook to operate more like its rival Twitter. Continue reading Facebook Under Fire for Decision to Make Teens’ Posts Public

According to the “Online TV and Video Forecasts” report from Digital TV Research, worldwide online television and video revenues over fixed broadband networks is projected to reach $34.99 billion in 2018. The projection marks a significant increase from the $3.98 billion recorded in 2010 and the $15.94 billion expected this year. The report predicts that 520 million homes in 40 countries will watch online TV and video by 2018. Continue reading Significant Jump for Global OTT Television Projected by 2018

Vimeo reintroduced its Vimeo PRO service this week, with several major upgrades including up to 1TB of storage and unlimited HD plays. The service is targeting professional film and video makers, offering new options at the same subscription rate it unveiled when the service was first introduced two years ago. Vimeo also announced its VIP customer service plan, FTP support and Vimeo On Demand feature for monetizing video content. Continue reading Vimeo PRO: Same Cost, More Storage and Unlimited HD Plays

Sony is getting ready to launch its new 65-inch curved screen HDTV. While LG and Samsung introduced curved OLED HDTVs this summer ($10,000 and $9,000 respectively), Sony’s $4,000 display is the first curved LED HDTV featuring contrast-enhancing LED backlighting. According to Sony, the new TV produces richer 3D video and has a wider viewing angle with a curvature designed to make the viewing experience seem more natural. Continue reading Sony to Launch Curved LED HDTV, Promises Immersive Viewing

A study by Nanigans, one of the largest buyers of Facebook ads, indicates that mobile ads on Apple’s iPhones generate 1,790 percent more ROI than mobile ads on Android devices. The study, which looked at more than 200 billion ads on Facebook with a focus on retailers, suggests that mobile advertising on Android actually costs more than it returns. The study also notes that Facebook’s desktop ads over the past year experienced a 375 percent increase in click-throughs and 152 percent jump in overall ROI. Continue reading New Study: Facebook Ad Profit Higher with iOS than Android

Facebook and Pinterest are the clear standouts when it comes to referral traffic from social networks. While Facebook leads the pack, accounting for more than 10 percent of traffic to publishers in September, Pinterest holds second place, driving more traffic than Twitter, LinkedIn and Reddit combined. According to data from social plugin service Shareaholic, collected from 200,000 publishers, Pinterest drove 3.68 percent of traffic to publishers in September, about three times as much as third-ranked Twitter. Continue reading Social: Facebook, Pinterest Drive Most Traffic to Publishers

A new website is building a dataset to help determine whether consumers are increasingly turning to piracy when movies are not made available legally via streaming, digital rental or digital purchase. The site — PiracyData.org — lists the top 10 most pirated movies on BitTorrent as reported by TorrentFreak each week, and researches the Can I Stream It? service to determine whether each title is available legally. The authors suggest that shorter windows would help counter piracy. Continue reading Do Movie Fans Turn to Piracy Due to a Lack of Legal Options?

Sony’s new flagship Android phone, the $650 Xperia Z1, is now available in the U.S. The 5-inch phone features a massive 20.7-megapixel camera and can attach additional lenses. The company is also introducing its 6.4-inch Xperia Z Ultra, with a 4G LTE option, and its $200 SmartWatch 2 this week. The SmartWatch 2 will compete with Samsung’s Galaxy Gear, the Pebble, Qualcomm’s Toq and a slate of new wearable devices expected to launch soon. Continue reading Sony Launches Pair of Xperia Android Phones and SmartWatch 2

A new app from London-based Obvious Engineering allows iPhone users to easily capture and share 3D images. Seene is compatible with Apple’s iPhone 4S and higher, and browsers such as Chrome, Firefox and Safari that support WebGL for 3D. It works by aiming your phone at a subject and moving around to record different angles. The progress is then overlaid on top of a video feed, resulting in a “seene” that builds automatically, which can be shared via social tools. Continue reading Capture and Share 3D Images with the Seene App for iPhone

During the Gartner Symposium/ITxpo 2013 in Orlando, Florida, the IT leaders at Gartner identified the Top 10 Strategic Technology Trends expected for 2014: mobile device diversity and management, mobile apps and applications, the Internet of Everything, hybrid cloud and IT as service broker, cloud/client architecture, the era of the personal cloud, software-defined anything (SDx), Web-scale IT, smart machines, and 3D printing. Continue reading Gartner Outlines the Top Ten Strategic Tech Trends for 2014

Sony Pictures Television has inked a deal to produce a psychological thriller for Netflix. From the creators of the FX legal drama “Damages,” the series is slated to begin production early next year. It marks the first time a major Hollywood studio will produce a program for the streaming video service. Following in the footsteps of cable networks such as HBO and AMC, Netflix is aggressively pursuing original content. The success of its Emmy-winning “House of Cards” could help pave the way. Continue reading Sony is First Big Studio to Ink Production Deal with Netflix

Anita Elberse will discuss her first book, “Blockbusters” at USC on Thursday, October 24th at 7:30 pm. The presentation and book-signing reception will take place at Newman Recital Hall. Elberse’s research reveals why executives often spend outrageous amounts of money in search of the next blockbuster, why superstars are paid unimaginable sums, and how digital technologies are transforming the entertainment landscape. Additional details and registration are available online. ETC members/guests should choose the “Partner MBA ticket” when checking out, which is the same price that HBS Alumni members receive.

Latin American mobile entertainment specialist Movile hopes to compete with Amazon’s FreeTime Unlimited offering and the Netflix Just for Kids UI by targeting children who watch video content on tablets. Movile’s PlayKids TV iPad app launched four months ago in the U.S. The company has now secured rights to shows from PBS, DHX Media, Henson and Televix Entertainment, including “Caillou,” “Super Why!” and “CareBears.” PlayKids will offer children 2-5 years of age up to 30 shows in addition to games and lullabies. Continue reading PlayKids TV App: Movile Announces New Content for Children