Todd Spangler NY Digital EditorRoku snapped up the rights to the majority of Quibi’s multimillion-dollar portfolio original programming — more than 75 shows in all — and will make them available free to stream in 2021 on the Roku Channel.Following Quibi’s decision last October to shut down after failing to attract a sustainable base of subscribers, Roku acquired Quibi Holdings LLC, the company that holds all of Quibi’s content distribution rights.Financial terms of the pact were not disclosed.
Rob Holmes, Roku’s VP of programming, said in an interview, “We do think this deal represents a great value.”“Fundamentally, we think that Quibi has created great, high-quality content,” Holmes told Variety.
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