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The new settlement comes after Vizio TV filed a lawsuit

Aug. 6, 2017 by James Ashley

The new settlement comes after Vizio TV filed a lawsuit in federal court in San Diego, seeking to stop the company from making changes to its streaming service that it believes make it less attractive for consumers to buy.

The lawsuit, filed as a part of the litigation between the two sides, seeks unspecified compensatory damages, including attorney's fees, for the "incompetence, delay, and inconvenience" Vizio faces when it retails its streaming service for $4.99 per month.

It accuses Vizio of illegally selling its business model for the cost of a $50,000 service for "the purpose of promoting its own advertising on the web"—in other words, to "promote the sale of the service in an attempt to promote its own brand." Vizio claims the TV-viewing service is "more than just a video streaming service. It's a whole new way to watch movies, to watch TV shows, to watch TV shows."

The company also says it is "encouraging consumers to stop paying to pay to pay to pay to pay" for its "unfair and deceptive practices" and claims it has "commissioned a comprehensive review of its service."

The judge's decision was expected within weeks.

The settlement would give Vizio, now with an eye on expanding its business footprint in the near future, up to $4 billion in total revenue, for the future.