Consumer Electronics Spending To Slip In 2014; Set-Top ‘Sticks’ Deliver Portability, Personalization
Top Stories - January 6, 2014
International CES: Consumer Electronics Spending to Slip In 2014 With the consumer electronics industry seeing slower growth in spending on smartphones and tablets, the Consumer Electronics Association predicts that global spending will fall slightly by about 1% to $1,055 billion from the record levels of 2013.more
Set-Top 'Sticks' Deliver Portability, Personalization The set-top is increasingly becoming a virtualized app that lives inside tablets, smartphones and other IP-connected devices, but stand-alone set-tops and video clients aren't expected to disappear completely from view anytime soon. But they are getting smaller. more
Liberty Moves to Take Sirius All-In Liberty Media made moves Friday to acquire the remaining stake in Sirius XM Radio, proposing a tax-free exchange that would swap one share of the satellite radio giant for 0.076 shares of Liberty, valuing the company at about $3.68 per share, a 3% premium to its Jan. 3 closing price of $3.56 each.more
CSN Philadelphia Connects on Long-Term Phillies Renewal The Philadelphia Phillies have inked a long-term rights renewal with Comcast SportsNet. Financial terms of the agreement with CSN Philadelphia were not disclosed, but published reports put the value of the deal at some $2.5 billion over 25 years and also gives the Phillies an expanded ownership stake in the regional sports network. That locks in CSN's access to Phillies games and ancillary programming until almost 2040.more