Skip to main content

Consumers Storing Video Files on PCs

The number of Americans with large video files stored on their PCs rose from 8 percent last year to 13 percent in March 2005, according to a survey conducted by market research firm NPD Group. Of the 13 percent who had a 150MB video file on their computers -- about the size of a half-hour TV show -- each additionally had an average of 15 such files on their PCs. "What will trouble many, especially in the film and video industry, is that some consumer collections include material that is clearly pirated," said NPD analyst Russ Crupnick. "In March, we noted several dozen full-length theatrical films on computers well before their expected DVD release date, including Ocean's Twelve, Lemony Snicket's A Series of Unfortunate Events, Million Dollar Baby, The Aviator, The Ring Two, and Team America World Police." NPD plans to launch an ongoing PC survey of 40,000 panelist volunteers called MovieWatch Digital in the fourth quarter of 2005, which will monitor consumer interaction with digital video files.

Popular posts from this blog

How AI Transforms Financial Decision-Making

Artificial intelligence (AI) has emerged as a transformational force, reshaping business processes and unlocking new possibilities for efficiency and innovation in corporate finance. The latest Gartner survey on AI usage in finance provides evidence of this emerging trend, offering valuable insights into the future growth trajectory of AI in finance. The Gartner survey reveals a significant milestone. As of 2024, 58 percent of finance functions actively use AI technology -- that's a substantial increase from previous years. Artificial Intelligence Market Development Perhaps even more telling is the projection that by 2026 more than 80 percent of finance functions are expected to be leveraging AI solutions. The survey sheds light on the use cases of AI in finance: AI is being deployed to enhance forecasting accuracy and provide deeper insights into financial trends. Automation of routine tasks and improved accuracy in financial reporting are key benefits observed. AI algorithms are