Advanced Television

Sky increases Roku investment

October 2, 2014

By Colin Mann

Sky has made a further $0.7 million equity investment in OTT streaming platform Roku. This follows the total investments of $12.2 million made by Sky in Roku in July 2012 and May 2013, and is to provide financing for Roku’s operations and activities.

21st Century Fox, which holds a 39.14 per cent controlling stake in BSkyB, has also made a further equity investment in Roku, alongside Sky.

Categories: Articles, Business, Connected TV, Funding, OTT