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The acquisition of the streaming subscription service is expected to be completed in the second quarter of this year ...
Roku turned in Q1 2025 earnings that edged over Wall Street forecasts and announced a $185 million deal to buy streaming service Frndly TV.
The service blends aspects of virtual multichannel video providers with on-demand content, with a focus on family-friendly entertainment.
Strategic acquisition will bring additional customer ... position in the connected TV ecosystem.” In addition to Roku, Frndly TV will continue to be available on all platforms and devices ...
Roku ROKU shares have lost 10.3% in the trailing three months, underperforming the Zacks Consumer Discretionary sector and ...
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 targets ...
“Frndly TV’s impressive growth and expertise in direct-to-consumer subscription services make it a compelling addition to Roku,” Roku Founder and CEO Anthony Wood said. “This acquisition supports our ...
Roku is feeling confident enough to enter acquisition mode, despite the looming tariff threat. Roku announced Thursday it acquired subscription streaming service Frndly TV for $185 million. The deal ...
These statements include but are not limited to those related to the benefits of Roku’s announced acquisition of Frndly TV, including the ability to drive subscription growth; the timing of the ...
In addition to Roku devices, Frndly TV will continue to be available on ... said in announcing the deal. “This acquisition supports our focus on growing platform revenue and Roku-billed ...
Inc. "This acquisition supports our focus on growing platform revenue and Roku-billed subscriptions, with a live content offering our users love at an industry-leading price point." Frndly TV’s ...