Roku Said in Sale Talks, Including for Possible Media Tie-Up
Source: Bloomberg
June 12, 2026 at 3:13 PM EDT
Updated on June 12, 2026 at 3:52 PM EDT
Roku Inc., the streaming video platform, is in talks to sell itself, people with knowledge of the matter said.
The San Jose, California-based company has been in discussions with at least one US media company about a potential combination, the people said, asking not to be identified because the information is private.
Roku’s shares rose as much as 24% in New York trading Friday. They were up 20% to $144.14 at 3:50 p.m., giving the company a market value of more than $21 billion.
No final decisions have been made on a potential sale, and there’s no certainty the deliberations will lead to a transaction, the people said. A representative for Roku didn’t immediately respond to a request for comment.
Read more: https://www.bloomberg.com/news/articles/2026-06-12/roku-said-to-be-in-sale-talks-including-possible-media-tie-up?srnd=homepage-americas
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