BEIJING: Luxury products made by Chinese firms are facing widespread consumer indifference, despite rapidly-growing demand for high-end goods and services.Xiong Xunlin, deputy secretary-general at the China Chamber of International Commerce, has predicted...

A major new report from PricewaterhouseCoopers (PwC) states that the world’s entertainment and media (E&M) companies must reshape and retool as the industry enters a “new normal”, with digital embedded in business-as-usual and moving to the heart of...

The increasing usage of digital video recorders, which easily allow viewers to postpone watching their favorite shows, has vastly complicated the math of TV ratings, new Nielsen data show. ...

Nearly 20 percent of all the televisions shipped worldwide in Q1 2012 were Smart TVs, with China at the forefront of the trend in emerging markets, according to a new report from NPD DisplaySearch. ...

NEW YORK: Global entertainment and media spending will hit $2.1 trillion in 2016, up from $1.6 trillion last year, fueled by new revenue opportunities from the digital delivery of content and advertising, according to a PwC forecast. ...

The number of IPTV subscribers worldwide will increase 70 percent from 2012 to 2017, with 100 percent growth in the Asia Pacific, reports ABI Research. ...

The U.K. outfit betty, which was acquired by Discovery Communications last year, has received the greenlight for two new lifestyle series that will air on TLC across EMEA, Asia Pacific and Latin America: Taste Offand Ultimate Shopper ...

Research & Markets has announced the addition of the "Global Smart TV Market 2011-2015" report to their offering. ...

TiVo Inc. (TIVO) is pairing with eBay Inc.'s (EBAY) payment service PayPal to offer its users a way to pay for products featured in interactive advertisements. The digital-video-recorder company is working with advertisers and agencies to devel...

Twitter Inc aired its first TV ads to tout its advertising potential on Sunday during a Nascar broadcast on Time Warner Inc's TNT cable network. ...