Digital TV News: VIZIO

Walmart agrees to acquire VIZIO
Feb 20, 2024 – Walmart and VIZIO have entered into an agreement for Walmart to acquire VIZIO for $11.50 per share in cash, equating to a fully diluted equity value of approximately $2.3 billion.
News categories: Walmart, VIZIO, Seth Dallaire, William Wang, Advertising, Digital TV, MandA, Smart TV, USA

U.S. home entertainment spending up 16.8% in 2023
Feb 7, 2024 – According to DEG, overall U.S. consumer spending on digital and physical home entertainment formats in 2023 was $43 billion, a 16.8% increase from the almost $37 billion consumers spent in 2022.
News categories: Digital Entertainment Group, Digital TV, DVD, Market Research, Streaming, USA

Inscape extends OTA viewership data to include local TV
Jan 8, 2024 – Inscape is expanding coverage of local stations by tapping into tuners built into Smart TVs in every local US TV market to provide over-the-air viewership data as for national stations.
News categories: Inscape, Comscore, Charbel Makhoul, David Algranati, Josh Chasin, Advertising, Big Data, Digital TV, Smart TV, Terrestrial, USA

Tizen most popular Smart TV purchased in US in 2023
Jan 8, 2024 – Parks Associates has released research showing that 66% of US internet households now own a smart TV. The Q3 2023 survey shows that the most popular smart TV OS is Samsung's Tizen at 35%.
News categories: Parks Associates, Sarah Lee, Elizabeth Parks, CES2024, Digital TV, Market Research, Smart TV, TV OS, USA

VIZIO delivers faster Smart TV loading and navigation
Dec 20, 2023 – VIZIO (NYSE: VZIO) has introduced a reimagined VIZIO Home software update across all current models in its lineup of Smart TVs, inclusive of the latest Quantum Pro 4K QLED Smart TV models.
News categories: VIZIO, Steve Yum, Digital TV, Smart TV, Streaming, TV OS, USA, UX

Over half of U.S. consumers now solely stream content
Nov 16, 2023 – According to Inscape's Q3 2023 TV Market Trends report, in Q3 2023, 94% of total streaming time was driven by viewers who only (64.6%) or mostly (29%) streamed on their smart TVs.
News categories: Inscape, Ken Norcross, Apps, Digital TV, Market Research, Smart TV, TV Services, USA

acTVe selects Amagi for FAST channel playout, distribution and monetization
Nov 13, 2023 – Amagi has announced that acTVe has selected the company as its playout, distribution, and monetization partner for five of its premium syndicated sports channels.
News categories: Amagi, acTVe, Srinivasan KA, Geoff Clark, Advertising, Content Distribution, Digital TV, Streaming, Worldwide

VIZIO reports Q3 2023 financial results
Nov 9, 2023 – VIZIO Holding (NYSE: VZIO) has announced results for the three months ended September 30, 2023. The company reported 17.9 million SmartCast Active Accounts. SmartCast ARPU was $31.55, up 14% YoY.
News categories: VIZIO, William Wang, Advertising, Digital TV, Smart TV, Streaming, USA

VIZIO exploring partnerships with other TV OEMs
Nov 9, 2023 – In VIZIO's Q3 2023 results release, the company's CEO said that VIZIO is beginning to explore partnerships with other TV OEMs looking for alternatives within the CTV market.
News categories: VIZIO, William Wang, Advertising, Digital TV, Smart TV, TV OS, USA