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Internet TV’s Time is Coming, says Turner Investments Commentary
It took a while, but Internet TV finally looks ready to live up to its promise, according to the latest Sector Focus commentary by
Turner Investments
. Analysts at Turner see it “gaining wider consumer acceptance and commercial scale in this decade.”
Turner, an investment firm based in Berwyn, Pennsylvania, publishes Sector Focus commentaries monthly as part of the continuing efforts of its five analyst teams to monitor the market sectors for its growth-stock portfolios.
Entitled Internet TV’s time is coming, the piece was written by Turner’s technology analysts: Tara Hedlund, portfolio manager/global security analyst; Dan Hirsch, global security analyst; Mike Lozano, global security analyst; Chris McHugh, vice chairman and senior portfolio manager; and Bob Turner, chairman and chief investment officer.
“Perhaps the biggest thing Internet TV has going for it,” the authors say, “is that it’s part of a technological megatrend known in geek-speak as digital connectivity: the Internet is enabling consumers to connect to all manner of digital devices and systems -- TVs, smart phones, tablet computers, laptop computers, home-entertainment hardware, and household controls for electricity, heating, and security -- wherever and whenever they want.” Factors that have held Internet TV back, say the analysts, include complexity of installation and use and a lack of professionally produced programs. However, technology is becoming more accessible and Internet TV is gaining viewership at double-digit annual rates, which should increase financial incentives to produce more online programming.
They assert that networking is vital to the expansion of Internet TV, and they anticipate that companies that increase bandwidth and expand the digital network will do well going forward. Eight companies they think may benefit: Broadcom, Cisco Systems, D-Link, Entropic Communications, Netgear, Qualcomm, Roku, and Rovi.
Posted on Feb 15, 2011
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