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LG Announces Largest OLED Flat Panel TV

LG has announced its newest and largest OLED TV – a 55” panel with some pretty amazing specs. OLED (Organic Light Emitting Diodes) technology has, in the past, been limited by smaller screen sizes and expensive price tags. However, according to LG’s press release, their 55” panel has overcome these obstacles.

The diodes in OLED TVs self-generate light and send electric signals at a rate far faster than LCD. In turn, the TV has a clearer picture and a wider range of colors. LG uses white OLEDs overlaid with color diodes to produce an “ultra definition” picture. Concerned that all this great technology may lead to a bulkier end product? Think again. The TV is a remarkable 5mm thick – thinner than a pen! Not only will the TV impress techies, but environmentalists will also approve – the diodes in the screen can be turned on or off to account for lower power consumption than most mainstream TVs.  LG’s 55” OLED TV will be unveiled in January at CES 2012 in Las Vegas. There is no word yet on when the product will available for your TV lift cabinet.

LG Announces Largest OLED Flat Panel TV

LG has announced its newest and largest OLED TV – a 55” panel with some pretty amazing specs. OLED (Organic Light Emitting Diodes) technology has, in the past, been limited by smaller screen sizes and expensive price tags. However, according to LG’s press release, their 55” panel has overcome these obstacles.

The diodes in OLED TVs self-generate light and send electric signals at a rate far faster than LCD. In turn, the TV has a clearer picture and a wider range of colors. LG uses white OLEDs overlaid with color diodes to produce an “ultra definition” picture. Concerned that all this great technology may lead to a bulkier end product? Think again. The TV is a remarkable 5mm thick – thinner than a pen! Not only will the TV impress techies, but environmentalists will also approve – the diodes in the screen can be turned on or off to account for lower power consumption than most mainstream TVs.  LG’s 55” OLED TV will be unveiled in January at CES 2012 in Las Vegas. There is no word yet on when the product will available for your TV lift cabinet.

Verizon Looking to Expand into Video Market

It seems lately many consumers are opting to stream videos to their TV lift cabinets instead of paying for the high priced cable plans.  It may be a sign of the times, with the economy in a current decline, but many see it as the way of the future.  Streaming videos allows consumers to watch what they are interested in watching on their own time schedule for a very affordable price.

This shift in consumer behavior has many communication giants wanting a piece of the pie.  One such communication company is Verizon.  Verizon Communications, the second-largest U.S. phone company, has recently announced in an investor conference, their plan to expand into the video market.  Verizon just this past week has been rumored to be discussing a bid to purchase Netflix Inc.

Netflix, a subscription-based company for video streaming and DVDs by mail, saw its shares rise 1.2 percent to $76.13 two days ago in New York trading. This was a direct result of the rumored talks that Verizon might buy them out.  In the last year Netflix shares took a nose dive after raising their customers streaming video price plans.  However, both companies deny these discussions for a bid have occurred.

What we do know is Verizon has had meetings with Redbox, the movie-rental kiosk operator, along with other potential video partners this past month.  It looks like Verizon, while trying to be discreet, is seriously considering their video options closely.

Verizon Looking to Expand into Video Market

It seems lately many consumers are opting to stream videos to their TV lift cabinets instead of paying for the high priced cable plans.  It may be a sign of the times, with the economy in a current decline, but many see it as the way of the future.  Streaming videos allows consumers to watch what they are interested in watching on their own time schedule for a very affordable price.

This shift in consumer behavior has many communication giants wanting a piece of the pie.  One such communication company is Verizon.  Verizon Communications, the second-largest U.S. phone company, has recently announced in an investor conference, their plan to expand into the video market.  Verizon just this past week has been rumored to be discussing a bid to purchase Netflix Inc.

Netflix, a subscription-based company for video streaming and DVDs by mail, saw its shares rise 1.2 percent to $76.13 two days ago in New York trading. This was a direct result of the rumored talks that Verizon might buy them out.  In the last year Netflix shares took a nose dive after raising their customers streaming video price plans.  However, both companies deny these discussions for a bid have occurred.

What we do know is Verizon has had meetings with Redbox, the movie-rental kiosk operator, along with other potential video partners this past month.  It looks like Verizon, while trying to be discreet, is seriously considering their video options closely.

Changes Happening at Amazon and Hulu

With all the outrage over Netflix’s price hikes, many former Netflix customers have been defecting to alternate streaming services. Two services that seem to be high on consumer lists of alternatives are Amazon and Hulu.

In the wake of the Netflix uproar, new developments have emerged regarding Amazon and Hulu. Amazon’s Prime streaming video service recently struck a deal with CBS to begin streaming 2,000 TV show episodes. This means Amazon will now offer full seasons of 18 TV series.  The agreement includes episodes of “The Tudors,” “Numb3rs,” and “Cheers”. All content can be streamed to a computer or directly to your TV lift cabinet.

Hulu is another heavy hitter in the world of streaming TV shows and movies. The company has hired investment bankers to oversee a potential sale of their service. Yahoo has come forward as a would-be buyer, if Hulu can agree to their terms. The terms are 5 years of exclusive access to Hulu’s content. If Hulu were to agree to the offer, the service would be sold for a reported $2 billion. Hulu sources have a different take and have offered 5 years of access with much less exclusivity. Meaning other sites, such as the network website for the individual TV shows, could stream the same content.

Time will tell what happens with both services as the Netflix price increases do not go into effect until September. However, with the amount of angry consumers promising to jump ship, both Amazon and Hulu have the potential to reap the benefits.

 
 
 
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