Media Streaming Boom Throws Australian TV Market On Notice

Google’s Chromecast and Apple’s TV, priced from $49 and $109 respectively, are
two popular streaming devices that are eroding sales in the smart TV market.

“Additional devices are reviving older screens in the home as more people
are looking at making a dumb TV smarter,” said Telsyte MD Foad Fadaghi.
“It might have a negative impact on TV sales in the short run, but in the
long run, it introduces people to new features and functionalities for an
upgrade driver down the track,” he told Good Gear Guide.

Finally, according to David Richards at Channel News, Panasonic TVs have joined
the list of those carrying the Netflix “Recommended TV” designation.

Earlier this year Panasonic and Samsung were missing from the list of certified
TV manufacturers whose TVs were tuned to deliver improved streaming of Netflix.