VIZIO’s CRO Honored with ITVT Award for Leadership in Interactive and Multiplatform Television

Rhea-AI Summary

VIZIO (NYSE: VZIO) announced that its Chief Revenue Officer, Mike O'Donnell, received the Individual Leadership Award at the 18th Annual ITVT Awards for his significant contributions to the interactive TV industry. O'Donnell's leadership of VIZIO's Platform Business, which includes VIZIO Ads and the SmartCast platform, was particularly noted. His initiatives, including the growth of the direct-to-device advertising business and the reimagined WatchFree+ service, contributed to VIZIO winning additional awards for Advanced Advertising and Streaming/OTT/CTV.

Positive

• Recognition of Mike O'Donnell with the Individual Leadership Award boosts VIZIO's industry reputation.
• Achievements in advertising and streaming services signal strong business development.
• VIZIO's growth in direct-to-device advertising indicates increasing revenue potential.

Negative

• None.

Mike O’Donnell Recognized with Individual Leadership Award

IRVINE, Calif.--(BUSINESS WIRE)-- VIZIO (NYSE: VZIO) announced that its Chief Revenue Officer, Mike O'Donnell, was honored with an Individual Leadership Award at the recent 18th Annual Awards for Leadership in Interactive and Multiplatform Television. This award honors O’Donnell for his contributions to the interactive/multiplatform TV industry over the past year, specifically for his leadership of VIZIO’s Platform Business. This includes VIZIO Ads, VIZIO’s smart TV platform, SmartCast, and the company’s data business, Inscape.

VIZIO’s CRO Honored with ITVT Award for Leadership in Interactive and Multiplatform Television (Graphic: Business Wire)

The award recognizes O’Donnell’s leadership of several important initiatives over the past year including VIZIO’s exploding direct-to-device advertising business, the streaming ecosystem on VIZIO’s SmartCast platform, the reimagined WatchFree+ free streaming service with more than 260 ad-supported channels, and his role in striking platform streaming deals with dozens of the top networks and media companies in the market.

These achievements played no small role in the other awards VIZIO received at the event, including Achievement in Advanced Advertising for its VIZIO Ads product suite and Achievement in Streaming/OTT/CTV Award for its smart TV platform, SmartCast.

The 18th Annual ITVT Awards for Leadership in Interactive and Multiplatform Television recognized leadership both by individuals and by companies, and winning organizations and were announced during the annual TVOT Live! event.

About VIZIO

Founded and headquartered in Orange County, California, our mission at VIZIO Holding Corp. (NYSE: VZIO) is to deliver immersive entertainment and compelling lifestyle enhancements that make our products the center of the connected home. We are driving the future of televisions through our integrated platform of cutting-edge Smart TVs and powerful SmartCast™ operating system. We also offer a portfolio of innovative sound bars that deliver consumers an elevated audio experience. Our platform gives content providers more ways to distribute their content and advertisers more tools to target and dynamically serve ads.

For more information, visit VIZIO.com and follow VIZIO on Facebook, Twitter, and Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220125005879/en/

Press Contact for VIZIO:

Melissa Hourigan

Fabric Media

720-608-1919

melissa@fabricmedia.net

Source: VIZIO Holding Corp

FAQ

What award did Mike O'Donnell from VIZIO receive?

Mike O'Donnell received the Individual Leadership Award at the 18th Annual ITVT Awards.

What is the significance of the awards received by VIZIO?

The awards highlight VIZIO's advancements in interactive and multiplatform television, enhancing its market presence.

What initiatives did Mike O'Donnell lead at VIZIO?

He led initiatives in VIZIO Ads, SmartCast, and the WatchFree+ service, driving growth in advertising and streaming.

When were the 18th Annual ITVT Awards held?

The awards were announced during the annual TVOT Live! event.

How does VIZIO's growth in advertising impact investors?

The growth in direct-to-device advertising could indicate higher revenue potential, positively affecting investor sentiment.