Logitech’s is using its Google TV-based Revue device as a base for integrating its peripherals technology and building a white box OEM business, Ashish Arora, vice president and general manager of digital home, told us at the Digital Hollywood conference in New York. Since shipping Revue in late October, Logitech has been out of stock at some stores, Arora said. The Revue is sold through Amazon, Best Buy, Dish Network and Logitech.com, he said.
Microsoft is “doing everything we can to expedite” shipments to retailers of its Kinect for Xbox 360 motion-control system after early sellouts since the system’s Nov. 4 launch, Dennis Durkin, chief operating and financial officer of its Interactive Entertainment Business, told Consumer Electronics Daily at the Bank of Montreal conference in New York Thursday. But it’s “hard to know” if there'll be sufficient supplies to meet demand this holiday season after strong initial sales left retailers such as Best Buy out of stock, Durkin said.
Fashion eyewear suppliers Marchon and Oakley each will use CES exhibits to show 3D glasses paired with a new generation of 3D TVs that don’t require active-shutter eyewear.
Rentals accounted for 90 percent of Q3 transactions on RoxioNow-based video download services, but purchases will grab an increasing share as the number of devices featuring the technology grows, CEO David Habiger of Sonic Solutions, which offers the services, said on a conference call.
There are four trends to watch at January’s CES, CEA executives said Tuesday at the group’s annual CES Press Preview in New York. Demand for portability has created a segmented mobility environment with a wide variety of offerings across form factors and use-cases, CEA said.
SAN FRANCISCO -- As TV programmers online increasingly seek subscription revenue from Internet video distributors, the industry has overlooked the importance of ads to financing the development of premium content, Hulu CEO Jason Kilar said Wednesday. For content owners “the leading source of how you get a return on your investment is through advertising,” he said at the NewTeeVee Live conference. “That’s going to play a very big role in terms of the future of television.” So Hulu is working on offering better ad options for marketers and consumers, he said. The company is on track to sell more than $240 million in ads in 2010, up from $108 million last year and $25 million in 2008, Kilar said. He declined to comment on the prospects for an initial public offering by Hulu.
U.K.-based rental company LOVEFiLM plans to roll out streaming service to the Wii and Xbox 360 as soon as possible, CEO Simon Calver told us at the Digital Hollywood conference in New York Wednesday. That was the day its streaming service launched on the PS3 in the U.K. He didn’t elaborate on plans for the other consoles.
Recent election results don’t bode well for the CE industry’s goal of a national e-waste recycling law, CEA president Gary Shapiro told journalists at the annual CES Press Preview event in New York Tuesday. Shapiro said Republican support for states’ rights “and a lot of talk among newly elected people and some of the old ones who are listening to the tea party” movement indicate that “unless there’s a Constitutional justification,” there’s not going to be a national recycling effort in the near future.
A smart grid communications architecture that features “a hub or a gateway that can communicate using common protocols and serve as the adapter or bridge to other devices” on the home area network has gotten broad industry “consensus,” the CEA told the Department of Energy. For smart grid implementation, the DOE must “evaluate this model,” that the Association of Home Appliance Manufacturers (AHAM) had said in a report is preferred by the home appliance makers, the CEA said.
Hhgregg’s fiscal Q2 net income dropped $1 million year-over-year to $3.9 million, CEO Dennis May said on its earnings webcast Tuesday. CFO Jeremy Aguilar said the double-digit “peak to trough” change in the business from July through September, led by drops in appliance and video sales, was “as dramatic as I've seen in 35 years.” The company is “seeing stabilization” now, he said. May said he didn’t want to give the impression that “comps fell off the table. … It was just a dramatic swing from things going along pretty robust to not so robust at all.” Comparable store sales dipped 1.5 percent for the quarter, the company said. A decline in vendor support along with increased selling promotions to drive market share reduced margins in video, he said.