mr. jim funk, he's the senior vice president of management for roku. we look forward to your testimony. >> good morning. my name is jim funk and i'm the senior vice president of product management roku. it was founded ten years ago in silicon valley. we are a rapidly growing company still small by comparison with other companies represented at this hearing. the company's founder anthony wood is a serial entrepreneur who among many accomplishments started replay tv and is considered the inventor of the dvr. the dvr is now among the most popular interment devices roku is betting on the internet as the future of television. four years ago roku introduced a small set top box that allowed consumers to stream movies from netflix over the internet and watch them in high quality on their tvs without needing a computer. the combination of the $99 player and netflix streaming was a revolutionary offering. now four years later there are hundreds of models of tvs, blu-ray players, game consoles and set top box offering this streaming video capability. these produc