One Second! Is the rumor real? Is Netflix buying Roku, Really? As per the latest buzz, Roku, a streaming device, has blocked many of its employees from selling their stocks, and the employees have a strong intuition that Roku is on the verge of being sold out to Netflix. The media channels are drooling upon such gossip and to know whether the shu-shu is authentic, you must go along this page. Continue to read and learn whether Netflix is buying Roku and what will this acquisition will bring to the streamers.
Netflix and Roku have been the most popular streaming platforms among the bingers. From continuously scrolling down to select the highly intriguing series for the day to spotting the classy documentary to watch, every streamer like us can spend the whole day looking at the screen.
This mega acquisition of Netflix buying Roku is surely going to bring a huge change into our lives if it happened to be true. To know whether the gossip is correct, read along with this page and learn everything you need to know about Netflix buying Roku.
Is Netflix Buying Roku | Netflix+ Roku?
The gossip of Netflix buying Roku is all along with the place. It is spread by the employees of Roku who just got blocked for selling their stocks. However, this gossip is yet to come to real terms, and hopefully, it would not because neither Netflix nor Roku has made such an announcement yet.
There has not been any official announcement made by Netflix and Roku on the acquisition deal and nothing has been turned into a contract yet but Netflix buying Roku is a promising prediction.
Why does Netflix Want To Buy Roku?
As per the latest news, Netflix has been going through a rough time lately. It has encountered
- A fall down in Netflix’s subscriber growth during 2021
- The current stats for 2022 has revealed a huge loss of 200,000 subscribers in the first quarter.
- A loss of over 68% of its value in 2022
This isn’t a regular fluctuation in the subscriber growth of Netflix as Netflix has never seen such a drastic fall in over a decade. This sudden loss of subscribers is expected to be the reason for such increased competition in the market and less content production.
And to cover up for such subscriber loss and content creation, Netflix is expected to be buying Roku. Roku channel has amazing ad-supported access for over 100,000 movies and TV shows and more than 100 channels, which too free of cost which sounds like a perfect revenue generator for Netflix.
Also, There has been a stock fallout of Roku by more than 75% in the first quarter of 2022 which seems to be a perfect time for Netflix to loosen up the deal.
Will Netflix And Roku Make A Smooth Merger?
Netflix and Roku have a history together. If you don’t know, Roku started as a part of Netflix 10 years ago which means that these two companies are already familiar with each other’s work alignment.
To add more, Roku and Netflix, both require each other’s support currently. Roku is dealing with the fallen stock price as of now and Netflix buying Roku would turn out to be a relief for the Roku employees. On the other hand, Netflix is currently bleeding for money and this acquisition of Netflix and Roku will make a good deal for both the companies.
Overall, Yes, Netflix and Roku are expected to make a smooth merger in the coming future. So, Netflix buying Roku is a strong possibility in the near future.
How Netflix And Roku Acquisition Will Affect Other Streaming Platforms?
Roku is an open space for all the streaming companies to exhibit their content on their device, however, the idea of Netflix buying Roku will most likely affect the other streaming devices like Apple TV, Hulu, or Amazon because Netflix will perhaps prioritize its own content the most among other streaming services.
The question of Is Netflix buying Roku has taken over a toll these days. Fans, streamers, employees; everyone is continuously thinking about this acquisition. Though there is no confirmation on the acquisition yet, however, this Netflix-Roku merger will happen to be a smooth decision for both companies. So, get ready for Netflix-Roku Merge.
Watch Netflix Roku Acquisition
Is Netflix buying Roku is still a big question mark, however, if it does, this would be a savior for both the companies as Roku is in a deep stock fallout and Netflix is currently striving for an extra income source. Adding more, Netflix can also upscale its game by working on its content because nevertheless, Netflix bingers are always looking for something rocking to stream over.
Anyways, I hope all your questions regarding Is Netflix buying Roku are answered well. We will be coming up with new updates in regard to this acquisition so do come along. Path of EX is open to every suggestion and opinion so write them down to us if you have any.
Frequently Asked Questions
1. Did Netflix Invent Roku?
Roku was founded in October 2002 as a limited liability company (LLC), by ReplayTV founder Anthony Wood. And in April 2007, Wood was named the vice president of Netflix.
2. Does Netflix Require Roku?
Roku allows you to watch paid and free content from the Internet such as Netflix, Amazon Instant Video, Hulu, YouTube, and many other streaming services.
3. Is Roku And Netflix The Same?
The key difference between Roku and Netflix is that Netflix makes its money from subscriptions, and Roku makes most of its money from advertising.