Posted On: 03/17/2016 8:25:19 PM
Post# of 96881
Quote:
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. We will continue to service this space, but our focus will be on optimizing recurring revenues as opposed to one time sales.
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. We will continue to service this space, but our focus will be on optimizing recurring revenues as opposed to one time sales.
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