STOCKHOLM -- As TV evolves ever more rapidly, in the emergence of what Ericsson (NASDAQ: ERIC) calls the Networked Society, enabled by broadband connectivity, cloud services, and mobility, the entire media value chain is facing a highly disruptive period. As Ericsson’s annual ConsumerLab TV & Media report shows, consumers are rapidly embracing TV services that provide immediacy, ease of access, and personalized relevance.

At IBC 2014, Ericsson will show the impact that the company’s significant investment in the area of TV and media, and its global scale in services, technology and customer reach in over 180 countries, is having on the TV industry. The expertise, solutions, and customer base of recently acquired companies, Red Bee Media, Azuki Systems, and Mediaroom, combined with Ericsson's strong pedigree in video efficient delivery networks, media services and video compression, is enabling customers to drive real innovation, become more agile and efficient, and ensure maximum consumer loyalty.

Ericsson AB (Nasdaq: ERIC)