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ROKU's Frndly TV deal, ad growth and positive 2025 outlook present a compelling entry point for investors in 2025.
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.
The acquisition of the streaming subscription service is expected to be completed in the second quarter of this year ...
Roku is spending $185 million to get into a business that most other streaming platforms have avoided.
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 streaming service that offers live TV, on-demand video ...
“Frndly TV’s impressive growth and expertise in direct-to-consumer subscription services make it a compelling addition to Roku,” said Anthony Wood, Founder and CEO of Roku, Inc. “This ...
Roku announced Thursday it acquired subscription streaming service Frndly TV for $185 million. The deal is expected to close in Q2. Roku tied the Frndly TV deal announcement to its Q1 earnings report.
Morningstar brands and products Company Portfolio ...