Roku Explores Sale Talks, Including Tie-Up With at Least 1 US Media Company
Updated
Updated · Bloomberg · Jun 12
Roku Explores Sale Talks, Including Tie-Up With at Least 1 US Media Company
2 articles · Updated · Bloomberg · Jun 12
Summary
Roku is discussing a potential sale of the company, according to people familiar with the matter, putting the streaming-platform owner in play.
At least 1 US media company has held talks with Roku about a possible combination, the people said, though the discussions remain private and no deal was announced.
The talks center on San Jose, California-based Roku, whose platform business sits at the intersection of streaming distribution and media ownership.
Any transaction would mark a significant shift for Roku from operating independently to pursuing a sale or strategic merger with a larger media partner.