roku

roku

With Netflix racing to launch ads on its streaming service, a new report suggests that the company could get some help by acquiring a leader in video advertising: Roku.

Employees at Roku are abuzz with talk that the streaming hardware firm could be bought by Netflix, Insider reported on Wednesday. The chatter reportedly heated up after Roku shut down its trading window for employees and barred them from selling their vested stock—a move that companies typically make before releasing information that will affect their stock price.

Representatives for Netflix and Roku declined to comment on the report to dot.LA.

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On this episode of the L.A. Venture podcast, sit down with Daniel Leff, the founder and managing partner of Luminari Capital, as well as the co-founder and managing partner of his latest fund, Waverley Capital.

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