System and method for providing control data for dynamically adjusting lighting and adjusting video pixel data for a display to substantially maintain image display quality while reducing power consumption. In accordance with one or more embodiments, image statistics, e.g., histogram data representing luma values corresponding to pixels for a video frame, are analyzed to determine whether the pixels represent one or more of a plurality of images which includes an image containing primarily natural imagery, an image containing primarily graphics imagery, and an image containing a combination of at least respective portions of natural and graphics imagery. Based on such analysis, control data are provided to enable light source brightness reduction by one of a plurality of percentages and pixel brightness increases, e.g., in accordance with one of a plurality of multiple-segment piecewise linear curves defined in accordance with respective segment slopes, thresholds, and threshold offsets in accordance with whether the incoming pixel data primarily represents a natural image, primarily represents a graphics image, or represents a combination of natural and graphics images.