Roku Shares Pop On Reaching Multi-Year Agreement With Google

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  • 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.
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