Vizio closed out the fourth quarter of 2023 with 18.5 million SmartCast active accounts. The company also confirmed those active accounts collectively streamed 5.5 billion hours during the final three months of the year.
Last week, Walmart announced that it was buying Vizio in a deal worth just over $2 billion. Unsurprisingly, Vizio’s fourth quarter earnings report immediately touched on the deal, noting how excited the company is for what’s to come and how Vizio’s “customer-centric mindset aligns well with Walmart’s long-standing value proposition.”
Vizio also stated how 2023 “was a year characterized by strong execution” and that its Q4 results serve “as further evidence of the power and success of our integrated hardware and software model.”
On that note, the 18.5 million SmartCast active accounts reflect an increase of 600,00 on the quarter before. Considering Vizio entered 2023 with 17.4 million accounts, it also reflects an increase of around 1.1 million over the course of the last 12 months.
The 5.5 billion streaming hours represent an increase on the 5.2 billion reported for the third quarter of the year, and the 4.8 billion reported for the fourth quarter of last year. This also resulted in the average SmartCast Hours per SmartCast Active Account increasing to 101 per month, up 8% year-on-year and up from the 97 per month reported for the third quarter of the year.
Some of the other Q4 2023 highlights included the launch of 24 new apps, including NFL, Fox Local, Music Choice, and BritBox, as well as the addition of new WatchFree+ channels, including Crunchyroll, Top Gear, BBC Food, Antiques Roadshow UK, and CraftsyTV.
These 2023 additions took the overall number of built-in apps to over 200 and the number of FAST channels to more than 290.
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