Roku Acquires the Content Rights from Quibi for less than $100M

roku buys quibi content for million

As part of a contract, the largest streaming media player in the US, Roku Inc., agreed to purchase the content rights from the defunct short-form streaming service, Quibi. The series was purchased by Roku for less than $100 million, according to sources with knowledge of the transaction. According to one insider, it was “much less” … Read more