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Roku Paid $98 Million for This Old House Ventures

Roku Paid $98 Million for This Old House Ventures Todd Spangler, provided by FacebookTwitterEmail Roku paid $97.8 million in cash for This Old House Ventures, the home-improvement media company whose shows include “This Old House” and “Ask This Old House.” Roku disclosed the price tag in its 10-Q quarterly filing Friday. The company said it acquired the This Old House business because it “believes the content aligns with The Roku Channel’s ad-supported growth strategy.” More from Variety Roku did not disclose the terms of the January 2021 acquisition of Quibi, which includes more than 70 short-form shows ordered by Jeffrey Katzenberg’s now-defunct startup. Sources previously said that deal was valued at significantly less than $100 million. Roku is introducing the Quibi programming under the “Roku Originals” brand, which also will encompass future original programming.

Roku Acquires This Old House for Its Own Free, Ad-Supported Streaming Library

Roku Acquires This Old House for Its Own Free, Ad-Supported Streaming Library
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Roku Inc (via Public) / Roku Acquires This Old House, America s No 1 TV Home Improvement Program

Roku Inc (via Public) / Roku Acquires This Old House, America s No 1 TV Home Improvement Program
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