 This is a very active space. There's a lot happening in automotive infotainment or entertainment Historically automotive has always revolved around audio because it's it's a you can listen and drive at the same time and The predominant ways of consuming audio in the car were radio or physical media like a CD-ROM or USB stick Or more recently you can plug your phone in and stream Audio from other places But as this moves forward we are providing enhanced audio directly to the vehicle through IP Communications, so the vehicle may have a radio tuner or multiple radio tuners But it also what may have a cell data modem and we can use that data path to provide a lot more features and functionality one of the The key pieces of the the DTS auto-stage product in relation to radio is the ability to take that dial That used to be just a series of numbers on the screen or a physical dial or things like that and turn it into a more Visual experience so instead of just seeing frequencies on the dial We provide the ability to show the station names and the station logos in a list Beyond that we can show you what's playing on those stations as you scroll through them So you don't have to tune into the stations to find out what's playing you can just see how there's a Song there's the artist and there's a picture of the artist for instance as you you scroll through Or if you're listening to non music content like an interview or a talk show We can show that data as well, so it makes browsing through radio more like browsing through a catalog of Selected content on a streaming service, but it's broadcast radio and it's it's local to you that is that is a an advanced feature of Hybrid radio, but you go beyond that and you start looking at other functions like Podcasts we can link broadcast radio to the podcast that that broadcaster produces for instance So if you're listening to a program that you like you might be able to hit a button on your screen And it will show you a list of those podcasts that you can subscribe to that that broadcaster produces And as we look towards things like more autonomous driving or or heavily augmented driving Vehicles and we look at rear-seat entertainment. We can expand those features to even be more visual We can provide things like lyrics to the song that's playing over the radio or through Another medium we can provide enhanced metadata such as artist images pictures of the artist album covers biographies things like that and even recommendations based on on delistening habits in In other radio stations, so for instance, you could be driving from one physical location to another through a couple of cities And as the radio broadcast fades out, we can offer several options we can offer the ability to Select the internet audio stream for that broadcast station as the broadcast itself Starts to fade so you can continue listening as if you were still in the same area Or if that station is being rebroadcast on another frequency We can automatically switch you over to that other broadcast so you can continue listening or we can offer a recommendation of other stations in that new area that new market that are similar to the station that you were Just listening to so for instance if you were listening to jazz and you're driving through Another market you can see a recommendation for other jazz stations in that area And it goes beyond just the infotainment or entertainment concept Because we can provide things like enhanced emergency alerts and and other things like that that can directly relate to to automotive safety So the the real key factor here is the the growing prevalence of a cellular data connections and robust cellular data connections to the vehicle and the The rollout of 5g and and more modern and bandwidth heavy Mobile networks throughout the world that is really the key to delivering A lot of these enhanced services to the car if you recall There were days when we all had dial-up modems and broadband was just starting to roll out And the products and services that were available on the internet in the days of dial-up Changed dramatically once broadband became ubiquitous and we can we can do things that we couldn't even anticipate Doing on dial-up and once broadband grew and broadband increased in the bandwidth available on those connections The products and services increased along with them and that same thing will happen in automotive As the data connections increase in prevalence and and in speed the services and and functionality available to those cars is going to increase as well And this comes at the time when autonomous driving is growing and and getting better and better So as you see the both of these things converge We're going to see a growth in what's available to the car that wasn't possible before And it all starts at the the connection of the car to the ip network to the internet And on the back end the services that are available to provide it like experience auto stage, which is a cloud-based service In in technical terms micro services based event driven architecture that is built to scale globally And support millions and millions of automotive clients That's what's happening on the back end. That's what's what we're building to provide the the data necessary to Create these experiences in the car and create these products and services as we move forward towards the The the future of automotive infotainment and entertainment and as we look further out beyond just radio and audio We get into a bunch of of future looking Products that are related to a video in a lot of cases But also other other markets that weren't normally Available to cars like gaming and when we look at rear-seat entertainment and automotive Uh, excuse me, uh, autonomous driving that starts to become more and more realistic We operate at at the the intersection of automotive A broadcast and and entertainment and so we see value anytime that we can Bring those three industries together and have an open conversation and share ideas and concepts And just push the the technology forward by by creating an opportunity for these conversations to be had It's valuable for us. It's valuable for all three of those industries and and we're happy to be here