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Viacom invests in Roku

Sunday 21 February 2016 | 13:04 CET | News
Viacom has made an investment in Roku, the maker of video streaming hardware and software. The broadcaster, owner of channels such as MTV and Comedy Central, participated in a USD 45.5 million funding round Roku closed last autumn and recently disclosed via a SEC filing, Re/code reported. Viacom and Roku reps confirmed the investment to Re/code, but didn't offer additional comment. Hearst, Dish Network, News Corp and Sky are among the other investors in Roku, which has raised at least USD 200 million to date.

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Categories: Broadcast & Satellite / Internet
Companies: Roku / Viacom
Countries: World
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