Roku Buys Nielsen's TV Ad Business, Announces Strategic Alliance

Roku (NASDAQ: ROKU) and Nielsen Holdings (NYSE: NLSN) announced a groundbreaking deal on Monday that will take the streaming platform's digital advertising business to the next level. Roku will acquire Nielsen's Advanced Video Advertising business, which uses automatic content recognition (ACR) and a dynamic ad insertion (DAI) system. This will allow Roku to digitally replace ads on linear (broadcast) television feeds with targeted, household-level spots on its over-the-top (OTT) streaming platform.