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Reports: Roku discusses selling itself to media company



Note this is a preliminary report and I would like to know who the candidates are for Roku if approved.

Roku, a popular stateside brand of streaming hardware and smart TVs, has held discussions with at least one media company focused on a sale, according to multiple reports published on Friday.

The reports — first from Bloomberg, then from Reuters — caused Roku’s stock to rise more than 20 percent in after-hours trading. The reports were based on unnamed sources, and the identity of the media company was not reported.

It is not uncommon for media and entertainment companies to selectively leak details of possible transactions during an exploratory phase in order to see how the broader market reacts to the news. It wasn’t clear if that was the case here, since none of the reports offered much detail into how the discussions between Roku and its possible suitors were progressing.
 
get the feeling the media company in question is Comcast/NBCUniversal as well possibly the spin off company of Versant (which i'm sure is sort of owned by Comcast via share holding of shares of stocks of the new company, as well as helping them out with running the network until they can get things going without NBCUniversal help).

i don't know if Nexstar is wanting a piece of that streaming pie too.
 
"Hold up everybody. David Ellison's on line three.....David? Are you there?...Da-David you're going to have to turn off the speaker on the other phone.....Yes David, Turn. Off. The. Speaker. On. The. Other. Phone, please. I can't hear you over the president screaming...."
 


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