Sky raises equity investment in streaming provider Roku
FTSE 100-listed British Sky Broadcasting group has made a further 1.9m dollar equity investment in Roku, a platform which delivers over-the-top services via its streaming devices.
FTSE 100-listed British Sky Broadcasting group has made a further 1.9m dollar equity investment in Roku, a platform which delivers over-the-top services via its streaming devices.
This follows the investment of $10.0m made by Sky in July 2012, and is to provide financing for Roku's operations and activities.
Sky's share price was up 0.17% to 863.50p at 08:24 on Thursday.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
MF
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Barclays begins paying up to £100 compensation to customers after banking outage
Barclays will pay up to £7.5 million in compensation to customers after its banking services were disrupted by an IT outage
By Daniel Hilton Published
-
Review: Shangri-La Paris – an ode to the world’s best food
Natasha Langan enjoys fine French and Chinese cuisine at the Shangri-La Paris
By Natasha Langan Published