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flag Roku buys Frndly TV for $185M to expand its service offerings and grow its subscriber base.

flag Roku has acquired Frndly TV for $185 million to boost its platform revenue and subscription base. flag Launched in 2019, Frndly TV provides live TV, on-demand videos, and cloud-based DVR services for a monthly fee, including over 50 pay-TV channels. flag The acquisition aims to expand Roku's offerings, and Frndly TV's leadership will stay in place post-transaction.

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