Latest news with #InterDigital
Yahoo
5 days ago
- Business
- Yahoo
Parks Associates: 33% of US Internet Households Subscribe to a Direct-to-Consumer Sports-Specific Streaming Service
New white paper, developed with InterDigital, examines the state of live sports streaming DALLAS, July 24, 2025 /PRNewswire/ -- Parks Associates today released new research, Streaming Live Sports: Where Opportunity Meets Complexity, in partnership with InterDigital, that explores the business and technical challenges of streaming live sports and outlines strategic insights for navigating this rapidly evolving landscape. The firm reports that 33% of US internet households subscribe to a direct-to-consumer (D2C) sports-specific streaming service. Forty-three percent of consumers in US internet households classify themselves as "Sports Viewers," and 40% of them watch sports only via streaming services. "The sports media landscape is transforming, as sports programming transitions from traditional broadcast and cable networks to streaming," said Michael Goodman, Senior Analyst, Parks Associates. "Sports fans now have more ways than ever to engage with their favorite teams or sports. Many niche sports and out-of-market matches, previously unavailable, are now easily accessible, which can expand the sports audience, and providers have new opportunities to engage viewers in interactive activities, such as multicasts, live chats, and in-game betting, provided the experience is easy and seamless." As games and events shift online, streaming services must navigate a complex web of technical challenges that can impact the viewing experience, many of which overlap. These include, but are not limited to, bandwidth limitations, latency, buffering, scalability, and device/platform compatibility. "Sports viewers should not have to deal with technical issues when watching their favorite sports teams. The broadcast and streaming ecosystem needs to work together to alleviate pain points or risk damaging their reputation for future events," said Lionel Oisel, Head of Video Labs, InterDigital. "While streaming services need to think holistically about the challenges that come with live video streams, more advanced video codecs can significantly reduce buffering and latency and improve the overall user experience." Other data points highlighted in the research: Among "Sports Viewers," 40% watch sports only via streaming services, including general SVOD (subscription video on demand) services, sports-specific D2C services, streaming pay TV services, and social networks. An additional 30% watch sports content via both streaming and broadcast/antenna or traditional pay-TV services. 89% of US internet households subscribe a subscription-based streaming platforms, and 33% subscribe to a D2C sports-specific streaming service, such as NFL+, NBA Leage Pass, MLB TV, ESPN+, UFC Fight Pass, DAZN, Willow, and F1 TV. D2C sports service viewers are the heaviest spenders on streaming video services; they spend an average of $111 per month on all streaming subscriptions. "As traditional pay-TV services continue to shed subscribers, the economics of sports broadcasting are changing. Streaming creates new revenue opportunities for both sports leagues and streaming services," Goodman said. The research is available for download. To schedule an interview with an analyst or to request specific data, please contact Mindi Sue Sternblitz-Rubenstein at 972-490-1113. About Parks Associates Parks Associates, a woman-founded and certified business, is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates provides business intelligence and research services through its proprietary methodologies developed over decades, including quarterly surveys of 10,000 internet households. The company's expertise crosses many industries: home security and smart home, streaming video, broadband and pay-TV services, digital media and platforms, gaming, Wi-Fi and home networks, connected health, support, consumer electronics, home control systems, energy management, and tech solutions for the multi-dwelling (MDU), small-to-medium business (SMB), and commercial building markets. Follow Parks Associates on LinkedIn, Facebook, and Instagram. Mindi Sue Sternblitz-RubensteinParks Associates972.490.1113398575@ View original content to download multimedia: SOURCE Parks Associates
Broadcast Pro
22-07-2025
- Business
- Broadcast Pro
Majority of sports viewers struggle with streaming issues: InterDigital
Nearly one-third (31%) of sports viewers aged 18 to 24 reported common streaming issues such as poor video quality, including freezing and buffering, while 25% cited insufficient bandwidth for high-quality streaming and 20% pointed to lag as a frequent problem. The sports media landscape is undergoing a major transformation as more viewers abandon traditional broadcast and cable in favour of streaming on digital platforms. However, streaming services still face significant technical hurdles, including latency and buffering, with over 57% of sports viewers reporting difficulties while watching live sports, according to a new report from wireless video and AI R&D company InterDigital and research firm Parks Associates. Titled Streaming Live Sports: Where Opportunity Meets Complexity, the report outlines how the sports media industry is evolving in response to changing consumer habits. Viewers now engage with sports through a wide array of formats, including subscription video-on-demand (SVOD), direct-to-consumer platforms, pay-per-view services, and even social media. However, over half of sports viewers still face issues like buffering, latency and poor video quality, raising concerns about the reliability of streaming services during live events. The shift in consumption patterns is particularly noticeable among younger audiences and sports enthusiasts. While traditional pay-TV subscriptions in the US dropped from 62% in Q1 2020 to 42% in Q1 2025, the average sports fan now spends $88 per month on streaming, significantly more than non-sports viewers. Notably, 40% of sports fans under 35 report watching games via social media platforms, and nearly half of female fans exclusively use streaming platforms to watch sports. The appeal of interactive features is also growing, with 32% of all sports viewers, rising to 57% among those aged 25 to 44, interested in placing bets through the same platform they watch games on. Despite the expanding digital reach, the report reveals critical performance issues: nearly one in five sports viewers cited poor video quality, and among those aged 18–24, buffering, lag and limited bandwidth were recurring problems. These technical shortcomings are particularly disruptive for younger audiences who favour immersive features like multi-angle views and real-time stats. To address these pain points, the report emphasises the need for more advanced video compression technologies. High-Efficiency Video Coding (HEVC) and the next-generation H.266/VVC standard are identified as key solutions, offering greater compression efficiency and better bandwidth usage for high-resolution and HDR content. These codecs are expected to improve the streaming of 4K and ultra-HD video, particularly on mobile networks. Lionel Oisel, Head of Video Labs, at InterDigital, said: 'Sports viewers should not have to deal with technical issues when watching their favorite sports teams. The broadcast and streaming ecosystem needs to work together to alleviate pain points or risk damaging their reputation for future events. While streaming services need to think holistically about the challenges that come with live video streams, more advanced video codecs can significantly reduce buffering and latency and improve the overall user experience.' Michael Goodman, Senior Analyst, Parks Associates, added: 'The sports media landscape is transforming, as sports programming transitions from traditional broadcast and cable networks to streaming. Sports fans now have more ways than ever to engage with their favorite teams or sports. Many niche sports and out-of-market matches, previously unavailable, are now easily accessible, which can expand the sports audience, and providers have new opportunities to engage viewers in interactive activities, such as multicasts, live chats, and in-game betting, provided the experience is easy and seamless.' As live sports continue to migrate online, the challenge ahead for the industry will be balancing innovation and accessibility with the quality and stability fans expect.
Yahoo
04-07-2025
- Business
- Yahoo
Calculating The Intrinsic Value Of InterDigital, Inc. (NASDAQ:IDCC)
InterDigital's estimated fair value is US$251 based on 2 Stage Free Cash Flow to Equity InterDigital's US$225 share price indicates it is trading at similar levels as its fair value estimate Analyst price target for IDCC is US$220 which is 12% below our fair value estimate Today we will run through one way of estimating the intrinsic value of InterDigital, Inc. (NASDAQ:IDCC) by taking the expected future cash flows and discounting them to their present value. Our analysis will employ the Discounted Cash Flow (DCF) model. Don't get put off by the jargon, the math behind it is actually quite straightforward. Companies can be valued in a lot of ways, so we would point out that a DCF is not perfect for every situation. If you still have some burning questions about this type of valuation, take a look at the Simply Wall St analysis model. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. We use what is known as a 2-stage model, which simply means we have two different periods of growth rates for the company's cash flows. Generally the first stage is higher growth, and the second stage is a lower growth phase. To begin with, we have to get estimates of the next ten years of cash flows. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, so we discount the value of these future cash flows to their estimated value in today's dollars: 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Levered FCF ($, Millions) US$214.2m US$274.2m US$307.8m US$336.9m US$362.2m US$384.4m US$404.3m US$422.5m US$439.6m US$455.9m Growth Rate Estimate Source Analyst x3 Analyst x1 Est @ 12.26% Est @ 9.46% Est @ 7.51% Est @ 6.14% Est @ 5.18% Est @ 4.51% Est @ 4.04% Est @ 3.71% Present Value ($, Millions) Discounted @ 8.1% US$198 US$235 US$244 US$247 US$246 US$241 US$235 US$227 US$219 US$210 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = US$2.3b We now need to calculate the Terminal Value, which accounts for all the future cash flows after this ten year period. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (2.9%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 8.1%. Terminal Value (TV)= FCF2035 × (1 + g) ÷ (r – g) = US$456m× (1 + 2.9%) ÷ (8.1%– 2.9%) = US$9.2b Present Value of Terminal Value (PVTV)= TV / (1 + r)10= US$9.2b÷ ( 1 + 8.1%)10= US$4.2b The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is US$6.5b. In the final step we divide the equity value by the number of shares outstanding. Relative to the current share price of US$225, the company appears about fair value at a 11% discount to where the stock price trades currently. Valuations are imprecise instruments though, rather like a telescope - move a few degrees and end up in a different galaxy. Do keep this in mind. The calculation above is very dependent on two assumptions. The first is the discount rate and the other is the cash flows. Part of investing is coming up with your own evaluation of a company's future performance, so try the calculation yourself and check your own assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at InterDigital as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 8.1%, which is based on a levered beta of 1.184. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. See our latest analysis for InterDigital Strength Earnings growth over the past year exceeded the industry. Debt is not viewed as a risk. Dividends are covered by earnings and cash flows. Weakness Dividend is low compared to the top 25% of dividend payers in the Software market. Opportunity Good value based on P/E ratio and estimated fair value. Threat Annual earnings are forecast to decline for the next 3 years. Valuation is only one side of the coin in terms of building your investment thesis, and it is only one of many factors that you need to assess for a company. The DCF model is not a perfect stock valuation tool. Rather it should be seen as a guide to "what assumptions need to be true for this stock to be under/overvalued?" If a company grows at a different rate, or if its cost of equity or risk free rate changes sharply, the output can look very different. For InterDigital, we've compiled three fundamental aspects you should further research: Risks: For instance, we've identified 2 warning signs for InterDigital that you should be aware of. Future Earnings: How does IDCC's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart. Other High Quality Alternatives: Do you like a good all-rounder? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing! PS. Simply Wall St updates its DCF calculation for every American stock every day, so if you want to find the intrinsic value of any other stock just search here. — Investing narratives with Fair Values Suncorp's Next Chapter: Insurance-Only and Ready to Grow By Robbo – Community Contributor Fair Value Estimated: A$22.83 · 0.1% Overvalued Thyssenkrupp Nucera Will Achieve Double-Digit Profits by 2030 Boosted by Hydrogen Growth By Chris1 – Community Contributor Fair Value Estimated: €14.40 · 0.3% Overvalued Tesla's Nvidia Moment – The AI & Robotics Inflection Point By BlackGoat – Community Contributor Fair Value Estimated: $359.72 · 0.1% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-06-2025
- Business
- Yahoo
InterDigital Declares Regular Quarterly Cash Dividend
WILMINGTON, Del., June 12, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.60 per share on its common stock payable on July 23, 2025, to shareholders of record at the close of business on July 9, 2025. About InterDigital® InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence ('AI'), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today's most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq. InterDigital is a registered trademark of InterDigital, Inc. For more information, visit: InterDigital Contact: +1 (302) 300-1857Sign in to access your portfolio
Business Insider
12-06-2025
- Business
- Business Insider
William Blair Sticks to Their Buy Rating for InterDigital (IDCC)
In a report released today, Arjun Bhatia from William Blair maintained a Buy rating on InterDigital (IDCC – Research Report). The company's shares closed today at $221.94. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Bhatia is a 4-star analyst with an average return of 3.8% and a 50.54% success rate. Bhatia covers the Technology sector, focusing on stocks such as InterDigital, Five9, and Atlassian. The word on The Street in general, suggests a Strong Buy analyst consensus rating for InterDigital with a $235.50 average price target. Based on InterDigital's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $210.51 million and a net profit of $115.6 million. In comparison, last year the company earned a revenue of $263.54 million and had a net profit of $81.65 million
