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This week in streaming, a surprise acquisition by Roku shocked the streaming world as North America’s largest streaming provider picked up the small-but-mighty Frndly TV.Find out the details ...
Roku turned in first-quarter 2025 earnings that edged out Wall Street forecasts and announced a $185 million deal to buy Frndly TV, a low-cost subscription streaming service that offers live TV ...
SAN JOSE, Calif.--(BUSINESS WIRE)--Roku, Inc. (NASDAQ: ROKU), the #1 TV streaming platform in the U.S.*, announced today that it has entered into an agreement to acquire Frndly TV, a subscription ...
Roku is paying $185 million to acquire Frndly TV, a provider of low-cost TV bundles delivered via streaming.. The all-cash deal includes $75 million in holdbacks tied to certain performance ...
Frndly TV’s management team will stay on after the deal closes. “We’re incredibly excited to join Roku and continue our mission to provide customers feel-good, quality entertainment as the most ...
Roku has entered into an agreement to acquire Frndly TV for $185 million in cash. The deal, which is expected to be completed in the second quarter, includes $75 million held back that is tied to ...
Roku tied the Frndly TV deal announcement to its Q1 earnings report. The company reported $1.02 billion in total Q1 revenue, up 16% year over year. However, Roku’s Q2 revenue projection of $1.07 ...
Roku Buying Subscription Streaming Service Frndly TV for $185M The service blends aspects of virtual multichannel video providers with on-demand content, with a focus on family-friendly entertainment.
Roku announced today (May 1) that the streaming platform is buying the streaming service Frndly TV. It's another feather in the cap of Roku, which looks to have big year with new streaming devices ...
Roku is spending $185 million to get into a business that most other streaming platforms have avoided. In early May, the company announced that it will acquire Frndly TV, the cheapest of all the ...