Washington -- The cost of producing high-definition TV broadcasts is inhibiting full implementation of the new technology in the United States, experts say.
Phillip Swann, who serves as the publisher for TVPredictions.com, said production costs for an HDTV broadcast are nearly 20 percent higher than a typical TV broadcast, The Washington Times reported Saturday.
"There's always a bean-counting aspect, and HD adds beans, so consequently, a lot of the people running the shops say 'We'll hold off,'" the Web site publisher said.
In addition, new studios must be built to produce HDTV broadcasts and HDTV cameras add costs to any related productions.
Comcast SportsNet spokeswoman Stephanie Offen said while her company does offer some HDTV broadcasts, such updated efforts are limited and still very costly.
Nintendo, one of the Big Three videogame console and handheld devices makers, once again has emerged as the number one among the trio of next generation gaming consoles in sales after selling as many units as both its main competitors, Sony and Microsoft, put together.
The leading video game publisher Electronic Arts Inc. said Friday it would further extend its offer for Take-Two Interactive Software Inc. by one month to May 16, and would trim trimmed its offering price to $25.74 from $26 a share.
PayPal Inc., an e-commerce business allowing payments and money transfers to be made through the Internet, announced its intention to block older versions of Internet Explorer and Firefox and other "unsafe" browsers from accessing its service.
As most firms on Wall Street begin to report their first quarterly earnings of the new fiscal year, Logitech (Nasdaq: LOGI) is once again several time zones ahead of the pack. When it reports earnings next week, the Swiss computer-peripherals maker will be wrapping up fiscal 2008 for good. Q4 news is due out just the other side of the weekend.
G8 business chiefs gathered in Tokyo to discuss the ways in which the affects of green house gases on the climate can be tackled. In their final press release they said that the industries cannot be over stressed for lowering the pollution, as that may drive away the investments. The promotion of sector wise implementation will be agreed upon at the Lake Toya summit.
Maybe it's time for me to sell my Nokia (NYSE: NOK) shares.
No, not because of its first-quarter earnings report. Wall Street may not like the results -- net income fell short of projections -- but I see plenty worth admiring. Revenue was up 28%. Per-share profit excluding special items improved 46%.
After being the subject of snide remarks when it first made its appearance in 2000, the Sims is finally having the last laugh. A report by EA claims the Sims franchise along with its sequel and expansion packs has gone on to become the most popular franchise ever among PC games, and has crossed the 100 million mark so far.
America Online (AOL) confirmed Tuesday that it has acquired contextual-search tool provider Sphere Source for an undisclosed sum. This move comes as AOL’s latest attempt to boost its advertising programs.
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