Roku Buys Quibi Content For Less Than $100 Million

phalse phace writes: After days of advanced talks to sell Quibi's content library to Roku, the companies have finally reached a deal. According to Deadline, Roku will acquire most of Quibi's content for less than $100 million.

'The acquisition covers most of the Quibi library, but some daily news shows are not part of the package,' reports Deadline. 'A key draw for Roku is the talent, a roster including Idris Elba, Kevin Hart, Liam Hemsworth, Anna Kendrick, Nicole Richie, Chrissy Teigen and Lena Waithe. The lineup includes titles like Most Dangerous Game, Dummy and Murder House Flip. The programming will be available for free starting later this year. Shows will have advertising, as they did on the $5-a-month Quibi service, and they will be housed on the Roku Channel.' Earlier today, Roku says it sold more smart TVs in the U.S. in 2020 than competitors like Samsung, LG and Vizio, becoming the biggest smart TV platform in North America.

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