Dec. 6 at 5:37 AM
$CNVS WSJ update on
$WMT Walmart push with high margin advertising in competition with
$AMZN
Streaming is a big part of this strategy, and Cineverse, the ingredient with a market cap less than 50M, is helping VIZIO get content through its pipeline called Matchpoint Blueprint.
Cineverse also has its own content valued by a third party assessment at 45M.
https://www.wsj.com/business/retail/should-walmart-really-be-trading-like-a-tech-company-86329348?mod=business_feat2_retail_pos5