Roku Signs Extension With Amazon Streaming Apps

<p><strong>SAN JOSE<&sol;strong> — Roku&comma; Inc&period; announced it has reached a multi-year extension of its distribution agreement with Amazon to continue distributing their streaming video apps on its platform&period;<&sol;p>&NewLine;<p>Shares in Roku were up 6&percnt; on Monday following the news&period;<&sol;p>&NewLine;<p>The company released the following statement&colon;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Roku and Amazon have reached a multi-year extension for their distribution agreement&period; Customers can continue to access the Prime Video and IMDb TV apps on their Roku devices&period;”<&sol;p>&NewLine;<p>Terms of the agreement were not disclosed&period;<&sol;p>&NewLine;<p>Roku said it had 60&period;1 million active accounts at the end of 2021&comma; up 8&period;9 million from a year ago&period; The company sells devices that can be plugged into TVs that lets users easily watch streaming channels&period;<&sol;p>&NewLine;<p>Roku reported users watched 73&period;2 billion streaming hours in 2021&comma; up 15&percnt; from the previous year&period;<&sol;p>&NewLine;

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