But a deal with Roku had remained elusive as the two sides were stuck in negotiations. The most recent count puts HBO Max at 12.6 million subscribers. HBO Max is supported on all Roku devices that support OS 9.3 and later. Streaming-TV platform company Roku (NASDAQ:ROKU) has finally reached a deal to bring HBO Max to its platform. contestant's answer takes playful jab at host Ken Jennings, Late-night hosts react to Biden's inauguration, Late-night hosts say goodbye to President Trump, Late-night TV reacts to Trump impeachment, Katy Perry and Pokémon celebrate its 25th anniversary, The post-Alex Trebek era begins on 'Jeopardy', Late-night hosts put humor aside and deliver heavy message to viewers, 'Caillou' is canceled and parents are celebrating, 'I did not miss you': Behar and McCain resume feud on 'The View', Harry Styles' music video parodied by Jimmy Fallon, Chloe Fineman, Alex Trebek shared message of kindess in final episodes, Late-night hosts mock Trump over questionable phone call, She's back ... 'SNL' alum returns with hilarious impression, Colbert shares uplifting words on New Year's Eve: You're not alone, Streaming is about to get a lot more expensive, earlier this month when it announced it would. Roku and WarnerMedia have been at odds over a deal for more than half a year, as the leading streaming device producer didn't want to lost the HBO revenue at the launch of HBO Max. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Returns as of 01/22/2021. Warner Bros. to stream all 2021 films while in theaters, Late-night TV reacts to Biden's first full day in office, 'Jeopardy!' HBO Max will appear on Roku streaming players starting tomorrow, December 17. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. "We believe that all entertainment will be streamed and we are thrilled to partner with HBO Max to bring their incredible library of iconic entertainment brands and blockbuster slate of direct to streaming theatrical releases to the Roku households with more than 100 million people," Scott Rosenberg, senior vice president of Roku's platform business, said in a statement. The deal that got HBO Max on Amazon devices, it should be noted, meant that Amazon could no longer sell HBO subscriptions through its Prime Video … Erik Gruenwedel. The service is owned by AT&T, which also owns WarnerMedia, and WarnerMedia's new release Wonder Woman … Feel free to reach out to me at jon.quast@foolcontractors.com. If you sign up between December 3, 2020, and January 31, 2021, you can save 20% on your membership … The firm expects a deal with HBO Max to happen before the holiday shopping season. WarnerMedia reached a deal with Roku on Wednesday that brings HBO Max to Roku devices starting on Thursday. HBO Max is supported on all Roku devices that support OS 9.3 and later. Most stock quote data provided by BATS. The HBO Max app has been missing from Roku's popular devices since the streaming service's very beginning. WarnerMedia sealed a deal in November to get HBO Max on Amazon’s Fire TV devices, but Roku remained a hurdle. Roku , based in San Jose, counted 46 … Roku has landed the one major streaming service it was still lacking. There have been no concrete signs of a … Roku refused to carry both HBO Max and Peacock at launch (eventually getting a deal done with both), and HBO Max couldn’t get deals done with either Roku … Roku stock rose on Thursday after the company reached a deal to add AT&T ’s HBO Max to its platform. The distribution agreement between HBO Max and Roku comes a few weeks after HBO Max agreed to a carriage deal with Amazon’s Fire TV. Therefore, HBO Max is taking its service to a huge audience. HBO Max struck a deal with Roku just in time to stream the new movie. After a months-long standoff, WarnerMedia and Roku have reached an agreement to bring streamer HBO Max to Roku devices beginning Dec. 17. But in spite of months without a deal, HBO Max's top product exec is … Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Stock Advisor launched in February of 2002. Roku (NASDAQ:ROKU) is close to reaching a deal with AT&T (NYSE:T) to bring HBO Max to its platform, according to The Desk sources. November 19, 2020. By Jacob Oller ... Our long national nightmare is over: HBO Max and Roku have finally reached … Which if you do your own Google search supposedly Roku is in talks with HBO's parent company and ownership AT&T to make a deal, but so far as of me typing this it's not supported. AT&T (NYSE: T) launched HBO Max back in May and had reached a deal with Amazon.com to provide streaming access on Fire TV devices back in November. Appreciate my writing, have an idea for me, or is there an issue with something I wrote? WarnerMedia sent shockwaves through Hollywood. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All rights reserved. Nearly seven months after WarnerMedia launched HBO Max, users of the digital media player Roku finally have access to the streaming service. After spending more than a decade travelling the world exploring different cultures and languages, I'm happy to now be contributing to the Motley Fool's mission to make the world smarter, happier, and richer. New York (CNN Business)Christmas came early for Roku users. The announcement followed news earlier Wednesday that HBO Max would be supported by Sony's new PlayStation 5 console . In September, the company finally reached a deal to bring Peacock, a Comcast property, to its platform. Making a deal with Roku was vital to ensure its massive user base had a chance to sign up in time for the blockbuster. Nearly seven months after WarnerMedia launched HBO Max, users of the digital media player Roku finally have access to the streaming service. That pales in comparison to other streaming services. HBO Max and Roku announced Wednesday that they had reached an agreement to make HBO Max available on Roku devices beginning on Thursday, December 17. The deal is a significant one not just for Roku users who have waited for the service to be available since it launched over the summer, but also for WarnerMedia — CNN's parent company. What's great about exploring business and the economy is the insight it gives you into how things are in the world. Cumulative Growth of a $10,000 Investment in Stock Advisor, Roku Finally Reaches a Deal for HBO Max @themotleyfool #stocks $ROKU, 7 Stocks Riding 3 Unstoppable Trends That Will Make You Richer in 2021 (and Beyond), Coronavirus Stimulus Checks: Where to Invest $600 Right Now, Copyright, Trademark and Patent Information. UPDATE: As of Nov. 16, Roku continues to not offer support for the HBO Max app, nearly six months after the service’s launch. HBO Max needs Roku and Amazon Fire TV -- not the other way around. HBO Max might have been motivated to get a deal done with Roku right now. As part of the deal, Roku agreed not to sell HBO Max subscriptions through its Roku Channel, which WarnerMedia executives had resisted because it would have deprived them of … Updated 6:03 PM ET, Wed December 16, 2020. With the Roku deal, HBO Max now covers all the major OTT device bases, with Roku (46 million active accounts as … The news has an analyst at Benchmark significantly more bullish on the stock. Better yet, right now you can save 22% if you pre-pay for six months. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. WarnerMedia reached a deal with Roku on Wednesday that brings HBO Max, the company's nascent streaming service, to Roku devices starting on Thursday. Roku and HBO Max have reached a deal for Roku 's popular lineup of streaming devices to support HBO Max 's app, a breakthrough in their months-long standoff that will … Roku Negotiates Deal To Carry HBO Max Warner Brothers plans to release the latest Wonder Woman pic on December 24. But now with all major channels available on its platform, it seems likely that this growth stock will continue to be a top choice for people ditching their traditional TVs in favor of new connected-TV platforms. All times are ET. ; Earlier this week, news broke that HBO Max … Shutterstock HBO Max might have been motivated to get a deal done with Roku right now. In fact I had to buy a Chromecast Ultra just to make sure that I get HBO Max on May 27th. WarnerMedia reached a deal with Roku on Wednesday that brings HBO Max, the company’s nascent streaming service, to Roku devices starting on Thursday. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Roku, HBO Max Reportedly Near Distribution Deal. For existing subscribers, the HBO app with automatically update to the HBO Max app. Roku device owners can cross something big off their holiday wish lists: HBO Max will be available imminently on Roku products, following a new deal … But more hours of TV are now streamed from Roku devices than any other platform, according to data cited in the press release from WarnerMedia. The service has been available on multiple other devices such as Apple TV and, as of last month, The timing is also notable. As of the third quarter of 2020, Roku already had 46 million active accounts, a 43% year-over-year increase. Having Roku as a distribution partner is also important to HBO Max as it heads into the new year. With the Roku deal, HBO Max now covers all the major OTT device bases, with Roku (46 million active accounts as … Roku was the biggest outlet with which HBO Max lacked a deal, but WarnerMedia also hustled to make other distribution pacts ahead of the “Wonder Woman” debut. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. In the digital equivalent of a carriage fee dispute, Roku and WarnerMedia had previously been at odds over the terms of a deal. Roku … HBO Max will debut the highly anticipated ". AT&T’s HBO Max has reached a streaming deal with Roku, opening a path for service to reach a maximum number of consumers in the U.S., effective Thursday. HBO Max and Roku Finally, Finally Strike a Deal. If HBO Max were to sign Roku's standard agreement, it would give up 20% of … New customers will be able to download and subscribe to the service from the Roku Channel Store. Previously: Roku, NBCUniversal set to announce deal … WarnerMedia and Roku have finally reached a deal for HBO Max, bringing the subscription streaming outlet to Roku’s 46 million active accounts and filling a … HBO Max starts at $14.99 per month. Plus, the HBO Max app is finally available on PS5 and Roku devices. For its part, HBO Max will now enjoy wider distribution. Factset: FactSet Research Systems Inc.2018. All rights reserved. Peacock launched in mid-July and came to an agreement with Roku in September, and HBO Max finally agreed to a deal with Roku after seven months and just ahead of … "We're breaking new ground in the months ahead, and we can't wait to work with our longtime partners at Roku to build on our past successes and bring HBO Max's best-in-class quality entertainment to Roku's large and highly engaged audience," said Tony Goncalves, WarnerMedia's chief revenue officer. Disclaimer. Market data powered by FactSet and Web Financial Group. While I no longer get to exercise my analytical muscles with linguistics, it's rewarding to analyze business and share my opinions through this platform. With WarnerMedia’s HBO Max SVOD’s app securing placement on Amazon Fire TV, pressure increased on Roku to make a deal — or else risk losing user streaming traffic to a rival app gatekeeper. 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