And that’s before you get to gross profit, which landed at $47.5 million, up a whopping 167% year-over-year. To bring that point home, Vizio reported $65.5 million in revenue from its “Platform+” segment during the second quarter of 2021, up 146% year-over-year. And the more folks who use SmartCast instead of relying on external hardware, then the more insight Vizio has into viewing habits, the more advertising it can sell, and the more money it gets to bring in.
Each of those accounts represents revenue for the company ($16.76 per user, up 90% year-over-year). SmartCast boasts some 14 million active accounts as of June 30, 2021, up 43% year-over-year.
The addition of Vizio, a major player in the TV industry, means that another barrier to entry has been removed for Fubo, making it that much easier for new subscribers to get going.Īfter a long wait, FuboTV is finally natively available on Vizio’s SmartCast operating system.
That’s good news for FuboTV, the smallest of the major live TV streaming services in the United States, with some 681,721 paid subscribers at last count. Or, in other words, you’ll no longer need to plug in some other hardware - like the new Amazon Fire TV Stick 4K Max or a Roku Streaming Stick - or resort to Chromecast or AirPlay 2 to get your FuboTV on. The continued push to have all the native apps on all the native smart TV operating systems continues, with FuboTV now natively available on Vizio’s SmartCast platform.
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