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
-
8 of the best houses for sale with annexesThe best houses with annexes – from a period property in the Lake District to a 13th-century house with a two-bedroom annexe in Saltwood, Kent
-
Zelenskyy moves to appease Donald Trump – what happens now?Ukraine’s president Volodymyr Zelenskyy is conceding ground to secure the least-worst deal possible, says Emily Hohler
