Roku, Google Avoid Lockout With Multiyear YouTube Pact
Roku shares jumped 18.2% Wednesday at $256.08 after the streaming media platform provider and Google avoided a lockout, set for Thursday, of YouTube and YouTube TV on new Roku devices. The companies agreed to a multiyear extension. That's “a positive…
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development for our shared customers, making both YouTube and YouTube TV available for all streamers on the Roku platform,” a Roku spokesperson emailed. Google’s TeamYouTube tweeted: “This means that all Roku users (existing & new) can install the @YouTube and @YouTubeTV apps from the channel store and continue to watch their favorite content.”