01/22/2025 | Press release | Distributed by Public on 01/22/2025 03:04
WILMINGTON, Del., Jan. 22, 2025 (GLOBE NEWSWIRE) -- The overall demand for more entertainment and video communication services has highlighted the need for more sustainable solutions across the industry. According to a paper released today by InterDigital, Inc. (NASDAQ: IDCC), a mobile and video technology research and development company, and written by leading market research firm Futuresource, the video industry is rapidly emerging as a major emitter of greenhouse gas. Solutions like Pixel Value Reduction (PVR) can reap significant energy savings, especially around significant TV events such as the Olympics.
The report, "Spotlight on Sustainability: Towards a greener TV and video value chain," analyzes the carbon footprint created by the video entertainment industry, from the point of production to delivery, and consumption. The paper also examines emerging solutions to mitigate the environmental impact across the video value chain.
One of the biggest challenges for the industry comes from Scope 3 emissions, which arise from indirect sources such as travel, accommodation, catering, and post-production. However, strides are being made in various areas:
InterDigital leads the industry in developing cutting-edge video compression standards and PVR technology to achieve lower energy consumption on a device without sacrificing the quality of the video content and experience. If PVR technology was applied to devices showing the recent Paris Olympics, roughly 48 million kWh of energy could have been saved, which is the equivalent of fueling 4,000 US homes for a year.
"While everyone is aware of the contributions the airline industry makes to greenhouse gas emissions-accounting for 2% of all global greenhouse emissions per year-what isn't common knowledge is the impact the TV and video streaming industry has. Which is in fact, double the emissions from the airline industry."
"It is the responsibility of the entire industry to make changes that will improve the sustainability of the TV and video sector," said Lionel Oisel, InterDigital's Head of Video Labs. "While change is being made, more can and should be done. Technologies like PVR have the potential to make significant energy savings, even when applied to special events like the Olympics. If this was applied universally, the benefits could be huge, and a game changer for the industry."
Cost savings and need for next-generation technologies to meet changing audience demands will drive sustainability strategies for TV and video companies. The research highlights several ways in which the industry is impacting the environment:
To read the complete report, "Spotlight on Sustainability: Towards a greener TV and video value chain," please click here.
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: www.interdigital.com.
InterDigital Contact:
Roya Stephens
Email: [email protected]
+1 (202) 349-1714
Source: InterDigital, Inc.