The news: Roku delivered a better-than-expected first quarter in 2025 while acknowledging macro uncertainty; the company also announced a deal to acquire Frndly TV for $185 million.

The low-cost live TV service will remain independently available on major platforms like Fire TV, Apple TV, and Roku devices, with its leadership team staying in place.
Roku expects the acquisition to strengthen its subscription business and broaden its content offerings with popular linear channels like Hallmark and A&E.

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