Roku Shares Pop On Reaching Multi-Year Agreement With Google

Roku Inc ROKU reached a multi-year agreement with Alphabet Inc GOOG GOOGL Google to keep YouTube and YouTube TV on its streaming platform, CNBC reports.
The terms of the agreement remain undisclosed.
Now Roku customers can continue to watch YouTube and YouTube TV, Google’s live streaming service, without disruption.
Google previously threatened to pull both YouTube and YouTube TV off Roku on December 9.
The carriage fight caught the attention of Congress, which has been attempting to rein in the power of big technology companies like Google.
Related Content: Roku Shares Trade Lower On Tussle With YouTube
Price Action: ROKU shares traded higher by 10.40% at $239.15 in the market session on the last check Wednesday.