Roku was spun out of Netflix in 2009. Today, it’s worth $50B+ and creating its own content.
Back in 2008, a tech exec named Anthony Wood convinced Netflix CEO Reed Hastings to create a streaming video box called Roku.
After less than a year, Netflix spun the product out, keeping a ~15% stake... See more at thehustle.co
Roku was spun out of Netflix and is now pursuing the streaming giant’s playbook
Roku was spun out of Netflix and is now pursuing the streaming giant’s playbook
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