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Stock impact report

Bundling and Balancing: TiVo’s Video Trends Report Finds Consumers Are Onboard With Industry Consolidation Overhaul

Xperi Inc. (XPER) 
Last xperi inc. earnings: 11/2 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.xperi.com
Company Research Source: Business Wire
While the number of total services declined, consumers support bundled services over new SVOD pricing SAN JOSE, Calif.--(BUSINESS WIRE)--Today TiVo, a wholly owned subsidiary of entertainment technology company Xperi Inc. (NYSE: XPER), found in its Q2 2024 Video Trends Report that consumers are pulling back on entertainment spending as the industry works to rebalance and bundle its current entertainment offerings.In 2020, entertainment consumption and spending surged as the pandemic limited consumer activities outside of the home. Now the pendulum is swinging back as consumers are hit with ongoing economic headwinds and a steady cadence of out-of-home entertainment opportunities. While daily viewership hours haven’t noticeably dropped in the last year, the average total of entertainment spend is down $30 year-over-year, and the average total number of services used is back to 2022 levels, when much of America was beginning to gain relief from the pandemic — coming in at 9.1, a drop Show less Read more
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