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entertainment media/telecom

Roku Acquires Quibi Library

By
Jessica Toonkel
· · Source: The Information

Roku has acquired Quibi’s library of shows and movies to put on its ad-supported Roku Channel. The acquisition by the streaming device maker is designed to help it boost revenue from the Roku Channel by adding original programming and help it compete in the increasingly crowded streaming marketplace. Roku didn’t disclose the price but the Wall Street Journal reported it was significantly...

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