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Wireless

Roku buys Quibi catalogue for estimated less than USD 100 million

Friday 8 January 2021 | 17:13 CET | News
Roku said it has acquired the rights to Quibi's content, confirming an earlier report from the Wall Street Journal, which put the undisclosed price at under USD 100 million, citing sources familiar with the matter. Talks on the matter reportedly started earlier this month. Roku said it acquired Quibi Holdings following an internal restructuring by Quibi. It did not give any financial details.

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Categories: Mobile & Wireless
Companies: Quibi / Roku
Countries: United States / World
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