Sign up UNITED KINGDOM
Proactive Investors - Run By Investors For Investors

Roku shares jump after announcing ESPN+ streaming access

The sports video streaming service offers access to live and past sporting events
Roku remote
Users can access ESPN+ for US$4.99 a month

Shares of the streaming platform Roku Inc (NASDAQ:ROKU) jumped after the announcement that it will now offer ESPN+ access to its users.

The California-based company saw its share rise 5% in after-hours trading Monday and added as much as 8.4% in pre-market trading Tuesday.

ESPN+ is The Walt Disney Company’s (NYSE:DIS) direct-to-consumer sports video streaming service, offering thousands of MLB, NHL and other major sports league games, as well as international and college sports.

“Roku customers have enjoyed the ESPN channel for years. The launch of ESPN+ marks an exciting moment for the OTT sports experience, giving consumers more sports content from their favorite pastimes than ever,” said Scott Rosenberg, general manager of the platform business.

Like streaming competitors Netflix and Hulu, ESPN+ will offer exclusive, original content, including documentaries.

The service is available on Roku devices for US$4.99 a month of US$49.99 per year.

View full ROKU profile View Profile

Related Articles

Digital marketing
May 03 2018
Lots of marketing groups have pursued a 'buy and build' strategy and have become cumbersome as a result; Be Heard puts the emphasis on maintaining agility
1515684629_Universal-mCloud-pic-1.jpg
January 11 2018
Universal mCloud's technology set services some of the biggest companies in the world
An illustration of the tools Velpic uses in providing education and incident management
March 22 2018
Velpic has just signed its first NowForce client in Australia.

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

© Proactive Investors 2018

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use