Applovin Corp at JPMorgan Global Technology, Media & Communications Conference Transcript

Feb 06, 2024

May 24, 2022 / 08:10PM GMT
David Karnovsky - JPMorgan Chase & Co, Research Division - Analyst

Okay. All right. We're going to get started. Very happy to have back at the conference, first time in person, Adam Foroughi, Chairperson, CEO and Co-Founder of AppLovin. Adam, thanks for being here.

Adam Arash Foroughi - AppLovin Corporation - Co-Founder, CEO & Chairperson

Thanks for having me.

Questions and Answers:

David Karnovsky - JPMorgan Chase & Co, Research Division - Analyst

Cool. I want to start on the app side of your business. Q1 earnings, you announced a strategic change in that AppLovin will run its content studios as a stand-alone business rather than as an integrated asset with software and that the portfolio would undergo strategic review. You had messaged this for a couple of orders, but it is a notable shift when we think about your business going back a year ago. So can you discuss a little bit the backdrop to the decision?

Adam Arash Foroughi - AppLovin Corporation - Co-Founder, CEO

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