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.

  • redcalcium@lemmy.institute
    link
    fedilink
    English
    arrow-up
    36
    ·
    9 months ago

    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.

    • Rentlar@lemmy.ca
      link
      fedilink
      English
      arrow-up
      7
      ·
      9 months ago

      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.

      • DragonAce@lemmy.world
        link
        fedilink
        English
        arrow-up
        5
        ·
        9 months ago

        Kinda like the fucking TV screens they have on gas pumps for the sole fucking purpose of shoving ads down the throat of captive audiences.

    • sorghum@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      2
      ·
      edit-2
      9 months ago

      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