3D TV Hits Home With Consumers

3D TV Hits Home With Consumers

New Survey Shows Majority of Consumers Say 3D is Better Than Regular TV

LOS ANGELES, Sept. 23, 2011 /PRNewswire/ -- Consumers love 3D TV, according to a new study of the TV marketplace. Conducted by well-known independent research firm Frank N. Magid Associates for Panasonic during Disney's D23 Expo in Anaheim last month, researchers found that a vast majority of consumers believe that 3D TV significantly improves their television viewing experience.

"We've always said that, just as with HDTV, once consumers experience 3D TV, they will want it," said Eisuke Tsuyuzaki, Panasonic Corporation of North America's Chief Technology Officer. "This survey proves it. We couldn't be happier with the results."

D23: The Official Disney Fan Club provided the venue for the face-to-face study which queried more than 500 attendees at Disney's D23 Expo, the ultimate Disney fan event, which was held in Anaheim in August, and found that 99% of those surveyed who have seen 3D TV perceive it to be at least "somewhat better" than standard HDTV or "2D" TV. Equally as impressive is the fact that of those surveyed, 71% said that 3D TV is "much better" or "dramatically better" than 2D TV.

Consumers responded with a wide range of superlatives when asked to describe their thoughts about 3D TV. "I wish I had this in my home," said 50% of those surveyed, while 34% agreed that it "brings things alive in a way I've never seen before." "Fabulous" was the word that 27% agreed with when asked to describe their sense of the 3D TV experience.

"These are very positive and impressive responses," said Mike Vorhaus, President of Magid Advisors, a unit of Frank N. Magid Associates. "When it comes to 3D TV, consumers clearly like what they see. Their feelings are very reminiscent of the public's response to HDTV in its early days."

Unlike HDTV, however, 3D TV is off to a much faster start, with multiple full-time 3D channels available on cable and satellite just one year after the technology's launch, They include DirecTV's n3D Powered by Panasonic, Comcast's Xfinity 3D Channel, ESPN 3D, and Discovery's 3Net. By contrast, HDTV channels from these major content carriers were not available until at least four years from that technology's 1998 introduction.

In addition, Panasonic has created an entire eco-system to create and display the finest 3D images. Panasonic Hollywood Laboratory sets the standard for authoring and mastering of 3D Blu-ray Discs. Panasonic's AG-3DA1, the industry's first fully-integrated 3D camcorder recording to SD Memory Cards, was used aboard the final mission of the NASA Space Shuttle voyage and is routinely used in other sports and other 3D television production. A full line of 3D-capable camcorders and LUMIX digital cameras are available for consumers. And Panasonic's Full HD 3D HDTVs consistently win the highest praise from the nation's major consumer testing organizations.

"We're very pleased with the rapid-fire development of 3D TV," Mr. Tsuyuzaki said. "Panasonic has just completed the second year of its sponsorship of CBS Sports' expanded 3D broadcasts of the US Open Tennis Championships, a production which garnered an Emmy Award in its first year, and we are now looking forward to next year's 3D production of the London Olympic Games. With these and many other exciting 3D events and movies ready to amaze and entertain, consumers have every reason to step up to the glorious viewing experience of Full HD 3D television."

About Panasonic 3D Technology

Panasonic's range of Full HD 3D VIERA® Plasma HDTVs (VT30, GT30, ST30 Series), when coupled with Panasonic's 3D Blu-ray Disc players (DMP-BDT110, DMP-BDT210, DMP- BDT310), and 3D Blu-ray home theater systems (DMP-BTT370, DMP-BTT770) bring a new era of immersive visual entertainment into consumers' homes by creating a 3D experience that easily rivals the best that can be seen in cinemas. For more information on Panasonic's Full HD 3D technology, visit www.panasonic.com/3D.

About Panasonic Consumer Electronics Company:

Based in Secaucus, N.J., Panasonic Consumer Electronics Company (PCEC), a market and technology leader in High Definition television, is a Division of Panasonic Corporation of North America, the principal North American subsidiary of Panasonic Corporation (NYSE: PC) and the hub of Panasonic's U.S. marketing, sales, service and R&D operations. Panasonic is pledged to practice prudent, sustainable use of the earth's natural resources and protect our environment through the company's Eco Ideas programs. Information about Panasonic products is available at www.panasonic.com. Additional company information for journalists is available at www.panasonic.com/pressroom.

About Frank N. Magid Associates, Inc.

Frank N. Magid Associates, Inc. is a leading research-based consulting firm that helps its clients become more profitable by solving problems and helping them take advantage of opportunities. We are unique because, for 54 years, we have carefully studied human behavior and how communication affects it. We possess an uncanny understanding of what and how marketing and communication will motivate people to behave in certain ways. This understanding provides us with a unique consumer lens through which we analyze and develop strategies.

We use this expertise and perspective to help clients across industries develop and market products and services that successfully change or adapt to consumer attitudes, thereby influencing behavior in ways that lead to optimized financial performance. Clients include leaders in their respective industries, including Google, The Walt Disney Company, Verizon Wireless, Electronic Arts, Best Buy, General Mills, Nestlé, UnitedHealth Group, MetLife, Dr. Pepper/Snapple, and numerous others. Magid's 150 professionals demonstrate extensive experience in media, marketing, communications, product development, market research, operations, investment strategy and strategy consulting. We work with clients around the world from offices in New York, Los Angeles, Minneapolis, Dallas, San Francisco and Cedar Rapids, Iowa.

SOURCE Panasonic

Panasonic

CONTACT: Chris De Maria (Panasonic), +1-201-348-7182, demariac@us.panasonic.com; Blayne Murphy (Cohn & Wolfe), +1-212-798-9763, blayne.murphy@cohnwolfe.com

Web Site: http://www.panasonic.com

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