(Bloomberg) — Roku Inc. and Fox Corp. climbed Monday after inking a new distribution agreement over the weekend, preventing a potential blow to viewers’ ability to stream Sunday’s Super Bowl broadcast.The settlement, clearing the way to air FOX channels on the Roku platform, brings an end to a fleeting dispute between two entities approaching the media business differently. Roku is focused on maintaining leadership among streaming platforms, while Fox is banking on exclusive broadcast rights to marquee sporting events similar to last night’s matchup, which saw the Kansas City Chiefs defeat the San Francisco 49ers, 31-20.Shares in Roku rose as …read more
Source:: Yahoo Finance
