May 23, 2023 / 07:55PM GMT
Cory Alan Carpenter - JPMorgan Chase & Co, Research Division - Analyst
All right. We'll get started. Thank you to William and Adam coming from VIZIO today.
Questions and Answers:
Cory Alan Carpenter - JPMorgan Chase & Co, Research Division - AnalystMaybe just to start off higher level, VIZIO, the TV company has been around for decades, but the VIZIO, the software and advertising company is more nascent. So William, just to kick it off, could you give a quick overview of how VIZIO has evolved over the years and just the state of the business today?
William W. Wang - VIZIO Holding Corp. - Founder, Chairman & CEO
Sure. When I started the business, I wouldn't say that started the business for -- to get in the advertising market, but in the beginning, we just want to provide best value for consumer, high-definition TV back 20 years ago. ECTV wasn't affordable, over $10,000. So we made a TV affordable. So the first 10 years, we kind of did that. In the second 10-year, we decided to make TV extremely smart