How Roku Can Compete Against Streaming Companies: Jim Cramer
Roku announced that it had acquired the right to stream Quibi's programs and will make the content available free to stream in 2021 on an ad-supported basis in 2021 for all its users.
“The most creative and imaginative minds in Hollywood created groundbreaking content for Quibi that exceeded our expectations," Quibi Founder Jeffrey Katzenberg said in a statement, according to Variety.
"We are thrilled that these stories, from the surreal to the sublime, have found a new home on the Roku Channel.”
Jim Cramer explains what this means for Roku (ROKU) - Get Roku, Inc. Class A Report.
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