Advertisement
Singapore markets closed
  • Straits Times Index

    3,188.54
    +33.85 (+1.07%)
     
  • S&P 500

    5,022.21
    -29.20 (-0.58%)
     
  • Dow

    37,753.31
    -45.66 (-0.12%)
     
  • Nasdaq

    15,683.37
    -181.88 (-1.15%)
     
  • Bitcoin USD

    61,526.34
    -1,934.16 (-3.05%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,872.95
    +24.96 (+0.32%)
     
  • Gold

    2,394.40
    +6.00 (+0.25%)
     
  • Crude Oil

    82.02
    -0.67 (-0.81%)
     
  • 10-Yr Bond

    4.5850
    0.0000 (0.00%)
     
  • Nikkei

    38,079.70
    +117.90 (+0.31%)
     
  • Hang Seng

    16,385.87
    +134.03 (+0.82%)
     
  • FTSE Bursa Malaysia

    1,544.76
    +4.34 (+0.28%)
     
  • Jakarta Composite Index

    7,166.81
    +35.97 (+0.50%)
     
  • PSE Index

    6,523.19
    +73.15 (+1.13%)
     

Are Netflix and Roku a Match Made in Heaven?

As Netflix (NASDAQ: NFLX) prepares to launch its ad-supported tier, rumors have swirled that an acquisition could be in the company's future to make the transition easier. One company that analysts have repeatedly mentioned as an option is the hardware and streaming service Roku (NASDAQ: ROKU). At the Cannes Lions advertising festival on June 23, Netflix Co-CEO Ted Sarandos confirmed that the company would launch an ad-supported tier soon.