Roku Acquires Streaming Bundle Service Frndly TV For $185M ...Middle East

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 and milestones over the next two years. Roku announced the deal at the same time it reported first-quarter earnings, with revenue rising 16% to […]

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