Netflix reports 2020

Vizio Files for IPO: TV Maker Had 12.2 Million Streaming Accounts at End of 2020

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variety.com

Todd Spangler NY Digital EditorValue-oriented TV maker Vizio has filed to go public, revealing that its base of over-the-top streaming viewers in the U.S.

grew 61% in 2020.For the year ended 2020, Vizio reported total revenue of $2.04 billion (up 11% year over year) and net income of $102.5 million (up more the fourfold from $23.1 million in 2019), according to the company’s S-1 registration statement filed Monday.The company said its SmartCast smart TV operating system — which offers free content and access to OTT apps like Amazon Prime Video, Apple TV+, Disney+, Hulu, Netflix, NBCUniversal’s Peacock and YouTube TV — had 12.2 million active accounts at the end of 2020, up from 7.6 million a year earlier.

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