Vizio results beat expectations, helped by a jump in ad revenue and smart-TV sales
Vizio reported better-than-expected fourth-quarter results driven by increased advertising and smart-TV platform sales.
Walmart's purchase of Vizio for $2.3 billion aims at expanding digital advertising reach, integrating Vizio's operating system, and viewer data for targeted ads. [ more ]
Walmart's acquisition of Vizio is primarily a data play, providing access to ACR data for TV measurement and closed-loop attribution for advertisers.
Big Tech platforms like Google are forming unique partnerships with smaller walled gardens like Instacart for closed-loop attribution, creating power imbalances in the advertising ecosystem. [ more ]