*** The reason they are closing the factory and getting out of plasma is partly as you and they say. The major reason is that they are making massive financial losses on each and every one sold. If they don't stem the losses, Panasonic and Matsushita will go the way of the Dodo. They are not the only Japanese companies to be in dire financial straights. Sanyo and Sony are also in the danger zone.***I'm telling you guys that this is why Panasonic is bailing, and that is in fact the reason. Check the trades.Energy hog? Plasma uses 58 cents more a month than LED. LED is too high contrast, unnatural looking.I won't miss plasma a bit. Screen door effect, highly reflective faceplate, burn in, energy hog (the reason Pana is discontinuing.) Blacks that are black, true enough, but way too black for my taste. LED does very good black these days with a lot less grid.
Never mind movies, which look every bit as good on a good LED. Have a look at the 75" Samsung next time you're near an electronics store and know that LED rules. Every discrete adjustment known to man is included in the menus.
Back on topic. For photographic display, LED kills plasma just on the lack of visible pixellation and glare, which are plain awful on plasma.
The loaded early adopter sets are expensive, boo hoo. I firmly predict the fastest price crash in electronics retailing history. There's already a 39" UHDTV for $499.Super expensive and years away from TV or movie content enough to see buying a 4k TV in even the upcoming future.At any rate, the whole ball game is moving to UHDTV, which soundly blows away any 1080p set. 1080p was never very good in all reality. Have a look at the Samsung 65" UHDTV at your local Bestbuy, it's the real jawdropper. Reds, greens, blues, all from another universe compared to the old stuff.
Netflix is 4K ready right now. Programming starts in 2014. You've heard of Netflix?
I must say, I am completely baffled as to why some people who call themselves photographers would have such distaste for a technology which utterly demolishes every previously available display device. Is it turf defense of an aging technology? Bitterness that you can't afford one? Why? You should all be welcoming it with open arms. You cannot touch 8MP with 2, it's not physically possible any more than VGA could ever hold a candle to 1080p. The 4K detail we know, but the color reproduction also has been totally reworked and is on another planet compared to 1080p. Take some of your jpgs down to the shop and see.In 5 years major networks "may" offer a 4k channel. Again it's like buying a HD TV 6 or 7 years ago: pay a lot then in 18 months the type of TV you got costs half the price and has a bit more features.
Just look at stores everywhere, stacked high and wide with flat screen televisions. The market is totally over saturated and competition and price-cutting is savage. They just can't keep overproducing to this extent for long. They need to rationalise production AND create a new demand. They have already tried hard with large screens and, notably, 3D, but the competition is such and the demand so weak that they are unable to command a sufficient premium from the market to stem their losses. Indeed it may be that they will never recover the development cost of 3D sets.
The manufacturers are in such a dangerous and vulnerable position that if they all pile in to 4K sets and compete as aggressively as they have done, that they will soon flood the market with 4K sets, resulting in a rapid reduction in prices once again to below the cost of production.
This rabid competition and overproduction is, of course, good for the consumer in the short to medium term. It spurs rapid development of improved technology and ensure real consumer value.