2 Reasons Roku Won the Roku-Peacock Stalemate
Peacock is finally coming to Roku (NASDAQ: ROKU): Over the weekend, Comcast (NASDAQ: CMCSA) finally came to terms with the leading online platform on a deal to carry its new streaming service. Both companies confirmed the agreement on social media, with Roku promising an official announcement in the coming weeks. It's a surprising result since as early as of Friday morning, it seemed as if the status of the negotiations was getting worse.
Roku plays host to thousands of streaming apps, but recent debutantes Peacock and HBOMax have been absent from the fast-growing hub, which has 43 million accounts. Most will argue that both Roku and Peacock are better off for having come to terms, but let's go over two big reasons why Roku is the real winner here.
Image source: Roku.
Source Fool.com
