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 Report.
Watch: Everything Jim Cramer Is Watching in the Markets Friday
2020’s Most Popular Videos From TheStreet and Jim Cramer:
- Coronavirus: The Latest Numbers on the COVID-19 Pandemic
- Tesla Stock: Jim Cramer Explains What Wall Street Still Can't Understand
- Jim Cramer Talks Stimulus Checks, Markets, and His Top Stock Picks
- How Markets Navigated 2020 'Storm:' Winners and Losers
- 5 Coolest Auto Reveals of 2020
- How to Know When a Stock Bottoms Out on Bad News
- Airbnb Lifts IPO Pricing to $60, Looking to Raise $3 Billion
- Jim Cramer Eyeing Similarities to Dot-Com Bubble but Still Buying Opportunities
- Look Out for These Changes to Social Security and Medicare in 2020
