Posted On: 04/23/2015 11:09:23 PM
Post# of 96881
NTEK reported
Media Hardware
Two years ago we pioneered the hardware space with the award winning NP-1 product. What was not anticipated was the speed at which the 4K Smart TVs would enter the market. Given that the primary goal of the NP-1 was to capture viewers for our 4K service and we will be on 90% of the 4K Smart TVs by the end of Q2, our focus on the NP-1 has shifted from consumer to OEM relationships. (WHICH WE NOW HAS SEEN EMERGED WITH MERSIVE POD)
We will continue to service this space, but our focus will be on optimizing recurring revenues as opposed to one time sales.
WOW RECURRING REVENUE!!!!!
CHA CHING $$$$$$
ROYALTIES $$$$$$$$
LICENSE FEES$$$$$$$$$
REMEMBER THEY ALSO SAID They are going after 4k Set Top BOXES
Was this what Sony did with Ultraflix Library? not sure but there is more to Sony than meets the eyes.
Media Hardware
Two years ago we pioneered the hardware space with the award winning NP-1 product. What was not anticipated was the speed at which the 4K Smart TVs would enter the market. Given that the primary goal of the NP-1 was to capture viewers for our 4K service and we will be on 90% of the 4K Smart TVs by the end of Q2, our focus on the NP-1 has shifted from consumer to OEM relationships. (WHICH WE NOW HAS SEEN EMERGED WITH MERSIVE POD)
We will continue to service this space, but our focus will be on optimizing recurring revenues as opposed to one time sales.
WOW RECURRING REVENUE!!!!!
CHA CHING $$$$$$
ROYALTIES $$$$$$$$
LICENSE FEES$$$$$$$$$
REMEMBER THEY ALSO SAID They are going after 4k Set Top BOXES
Was this what Sony did with Ultraflix Library? not sure but there is more to Sony than meets the eyes.
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