AT&T Combines WarnerMedia with Discovery, Inc. for a Bigger Media Giant

AT&T is spinning off its WarnerMedia unit and combining it with Discovery, Inc. to create an even larger media business.  AT&T shareholders will own 71% of the combined business while Discovery shareholders own 29%.  This matters to you, Dear Reader, because the new entity will collect even more customer data than before.

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Vizio Earns Nearly As Much from Customer Data as from Selling TVs

May 18, 2021

To further clarify how valuable that streaming TV data is, we have this report that TV maker Vizio is making nearly as much money from its advertising and data business as it is from selling hardware: $38.4 million for data and ads vs $48.2 million for hardware in the first quarter of 2021, with the data and ad portion growing much more quickly.  The value comes from the comprehensive customer data Vizio’s smart TVs can collect.

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Grammarly Raises $200 Million to Help People Write Better

November 24, 2021

If robots wrote the news, would they write about other robots?  I ask because there’s been a suspicious burst of items about AI-powered writing tools, just when live journalists might have set things on autopilot so they could sneak out early for the holiday.  Top of the list: writing-suggestion platform Grammarly just raised $200 million at a $13 billion valuation, doubling total funding to $400 million.

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