Roku to Acquire Streaming Service Frndly TV for $185 Million, Q1 Revenue Jumps 16%

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, on-demand video and cloud-based DVR. For the first quarter, Roku total revenue was $1.02 billion, up 16%. Net loss was $27.4 million, or a […]

May 1, 2025 - 22:14
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Roku to Acquire Streaming Service Frndly TV for $185 Million, Q1 Revenue Jumps 16%
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, on-demand video and cloud-based DVR. For the first quarter, Roku total revenue was $1.02 billion, up 16%. Net loss was $27.4 million, or a […]