This past year continued a difficult trend for traditional linear television, cable and satellite TV providers. Declines in viewing have accelerated as streaming and FAST channel viewing has continued to grow. Broadcast networks have continued to reduce expenses in response to these trends and focused their capital spending on purchases that will reduce expense or directly increase revenue. Advances in Artificial Intelligence (AI), developments in Next Generation TV (ATSC 3.0), High Dynamic Range (HDR) and IP Production dominated conversations at the April 2024 NAB Show. Lakewood Advisors Operating Partner Bob Seidel has prepared an updated version of his widely read presentation Broadcasting Trends in the USA which discusses these and other topics. Bob is a former CBS VP of Engineering & Advanced Technology, President of SMPTE and Chairman of the Engineering & Technology Emmy® Committee of the National Academy of Arts and Sciences. Bob provides technical and broadcast industry expertise as part of many LWA engagements and assists broadcasters and media technology companies in strategy development. Bob can be contacted at [email protected].
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