Walmart in talks to buy Vizio for more than $2 bln, WSJ reports
Walmart in talks to buy Vizio for more than $2 bln, WSJ reports
Walmart in talks to buy Vizio for more than $2 bln, WSJ reports::Walmart is in talks to buy smart-television manufacturer Vizio for more than $2 billion, the Wall Street Journal reported on Tuesday, a move that could bolster its advertising business and give it control of more than a fifth of the U.S. television market.
In case anyone was wondering if Visio's quality can actually go down.
Owning Vizio would give Walmart access to an active user base of nearly 18 million people and help unlock Vizio's own software platform business that has annual advertising revenues growing north of 27% at a more than 60% margin rate, said Nicholas Zangler, an analyst at Stephens.
Get ready for even more ads on your smart tv.
Isn't it just amazing that TV manufacturer companies have dropped any pretense of their value deriving from the quality of TVs, and simply are a means to shove advertising in people's faces?
Soon...
We can buy this company that makes "smart" ovens so that it can play ads while it preheats! Oh, this smart microwave plays a "Totino's" jingle. Oh, this smart fridge shames you for not buying the sponsored brand of grocery item.
Guess I better figure out how to redirect DNS requests to my pihole on my router
Or just give myself an excuse to build an opnsense router and upgrade my WiFi infrastructure
I bought one in 2015. It’s still going without issue or ads! They really turned to shit, though
Yep we bought one in 2020, that thing sucked .
Switched to Sony recently and couldn't be happier. Granted there are still ads but at least the UI is fast and responsive
Do yourself a favour and switch to using a video game console, Apple TV or if you’re more technical my inclined - a HTPC.
Manufacturers have been getting increasingly nosey with their data collection policies, as well as inserting additional adds after the fact.
And can guarantee that in all circumstances, both the software and hardware will be infinitely better built, supported and more reliable.
Come on antitrust
I think that's a bad buy.
Certainly not the best buy they could make.
The fall of an empire.
Does anyone know if this could have implications for the SFCs lawsuit?
Wait until the software updates to be basically an Amazon device.