Vizio adds 200,000 more smart TV users during Q2
The company, which is being acquired by Walmart, saw higher platform revenue compared to hardware sales income.
The company, which is being acquired by Walmart, saw higher platform revenue compared to hardware sales income.
Platform revenue grew 28 percent after the company added 400,000 streaming users during the first three months of the year.
Walmart is discussing a possible acquisition of electronics maker Vizio as it explores new fronts in the digital advertising business, according to a report.
TuneIn is rolling out an app on Vizio SmartCast TVs that serves up over 90,000 live radio stations, podcasts and audiobooks.
Executives at Vizio say they are exploring ways to license their streaming platform to other third-party TV manufacturers.
Vizio is adding more free streaming content to its WatchFree Plus service through new deals with Paramount, Magnolia Pictures and BBC Studios.
Vizio has launched the standalone ESPN app on its SmartCast-enabled TV sets, the company announced on Tuesday.
The company is starting to see a slowdown in both TV sales and the number of people using its streaming platform.