thewayne: (Default)
The Wayne ([personal profile] thewayne) wrote2024-02-16 08:45 am
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Walmart in talks to buy TV/electronics maker Vizio for $2billion+

I can't remember if it was Vizio or LG that said they made more money on data gathered from their smart TVs than from selling the TVs themselves, personally I think this is what Walmart is after.

Unfortunately the article itself is behind a Wall Street Journal paywall, so about all I can easily link to is the Slashdot post. I will quote one reply on Slashdot: maker of cheap shit being purchased by seller of cheap shit.

https://entertainment.slashdot.org/story/24/02/13/2041215/walmart-in-talks-to-buy-vizio-for-more-than-2-billion
silveradept: A kodama with a trombone. The trombone is playing music, even though it is held in a rest position (Default)

[personal profile] silveradept 2024-02-17 07:54 pm (UTC)(link)
Both, I think, have said as much about getting more profit from data than from the devices themselves. And many others seem to have a similar idea, with the device itself being a loss leader for the profit to be obtained from the data that can be harvested.

Vizios, are generally the bottom tier of material, from the pricing I see for them related to the LGs, so they're probably right in line to become Walmart's house brand of TV.