US Market News
3週前
FOX CORPORATION TO ACQUIRE ROKU, INC.June 15, 2026 7:04 AM
PR Newswire (US) Combination Creates a Scaled Media and Technology Platform with Superior Reach, Engagement and Monetization CapabilityUnites FOX's Premium Live Content with Roku's Leading Streaming Platform Reaching Over 100 Million HouseholdsCombined Company to Have One of the Largest Streaming Businesses in the U.S., Including Tubi and The Roku ChannelFOX's Shareholder Capital Return Program to Continue Uninterrupted While Maintaining its Current Investment Grade RatingNEW YORK and SAN JOSE, Calif., June 15, 2026 /PRNewswire/ -- June 15, 2026 – Fox Corporation (Nasdaq: FOXA, FOX) ("FOX" or the "Company") and Roku, Inc. (Nasdaq: ROKU) ("Roku") today announced they have entered into a definitive agreement under which FOX will acquire Roku for $160.00 per share in a combination of cash and FOX Class A common stock, valuing Roku at approximately $22 billion in enterprise value.The transaction combines FOX's leading sports, news and entertainment content and the Tubi service, with Roku's leading connected TV platform, The Roku Channel, first-party data and direct relationship with more than 100 million global streaming households. Together, FOX and Roku will create a scaled next-generation media and technology company positioned at the intersection of two of the most important forces reshaping video consumption: the enduring primacy of live sports and news, and the continued rise of streaming.FOX and Roku are committed to continuing to operate Roku as an open, partner-friendly platform and to the continued ubiquitous distribution of FOX content. On a pro forma basis, the combined company will become the third-largest player in U.S. television by share of viewing, with an attractive mix of FOX's sports, news, and entertainment content, alongside streaming services Tubi and The Roku Channel. That distribution and engagement scale spans every major viewing environment – broadcast, cable, local and streaming – creating broad and diversified reach that benefits viewers, partners and advertisers.Lachlan K. Murdoch, Executive Chair and Chief Executive Officer of Fox Corporation, said:"This is a defining moment for FOX, and a natural extension of the deliberate and focused strategy we have been executing for nearly a decade. In 2019, we reoriented the company around live news and sports. In 2020, we acquired Tubi and under our stewardship it has become one of the most successful businesses in streaming. Today, we take the next step: bringing together the most valuable live content portfolio in video consumption with the preeminent streaming platform through which America watches it. This combination will transform the scope of our company into high-growth verticals and yield a step change in our overall growth profile. And we are executing this acquisition from a position of financial strength – maintaining our investment grade balance sheet while providing our shareholders with an uninterrupted return of capital program in the form of share buybacks and dividends. Roku pioneered streaming TV and scaled it into a leading CTV platform. Together, we intend to lead its next chapter."Anthony Wood, Founder, Chairman and Chief Executive Officer of Roku, said:"Over the past two decades, we've built Roku into the leading TV streaming platform, reaching more than 100 million households globally and reshaping how people discover and enjoy entertainment. I'm incredibly proud of what our team has built, and the combination with FOX is an extraordinary opportunity to accelerate our vision, scale faster and innovate more aggressively for viewers, partners and advertisers. That's why our Board of Directors unanimously determined after concluding its strategic review process that this transaction offers a significant premium to Roku shareholders while also providing them with the opportunity to participate in the compelling future upside of the combined company. I couldn't be more excited about what we'll accomplish together."Key Strategic Benefits of the Combination Include:Increases scale and reach: The transaction pairs the leader in live news and sports with the leading connected TV platform. Roku's platform has leading scale in the attractive, high growth connected TV vertical, reaching over 100 million global streaming households, including more than half of all U.S. broadband households. FOX is #1 in live news and sports, with a portfolio including the NFL, MLB, NASCAR, Big Ten, FIFA World Cup, FOX News and FOX Business that represents some of the most valuable appointment-viewing content in television. Together, FOX and Roku will encompass premium live content, broad distribution and significant audience reach across linear and streaming.Expands position in high growth verticals: The acquisition of Roku positions FOX across the full video ecosystem and provides a wider entry into the high growth segment of connected TV, particularly advertising and streaming subscriptions.Creates a more powerful streaming platform: Brings together FOX's premium content and advertising capabilities with Roku's consumer interface, home screen, platform technology and direct viewer relationships to enhance content discovery, deepen engagement and create a more compelling streaming experience for consumers and content partners.Enhances long-term growth profile: Advances FOX's business mix toward high growth streaming and connected TV verticals and maintains a balanced mix across advertising and distribution businesses, while strengthening the combined company's long-term growth and financial profile and maintaining FOX's disciplined capital allocation approach.Transaction DetailsFOX is acquiring Roku in a cash-and-stock transaction valued at $160.00 per ROKU share. FOX will pay $96.00 in cash and 0.9693 shares of FOX Class A common stock for each Roku Class A and Class B share outstanding immediately prior to the effective time of the merger. The stock consideration represents $64.00 per ROKU share based on a reference price of $66.03 per share, the 10-day volume-weighted average price of FOX Class A common stock as of June 10, 2026.Upon closing, existing FOX shareholders are expected to own approximately 73% of the combined company and Roku shareholders approximately 27%. The transaction has been unanimously approved by the Boards of Directors of both companies. The transaction is expected to strengthen FOX's long-term growth profile, accelerate its digital strategy, be accretive to free cash flow per share by the second full year after closing, and achieve approximately $400 million of run-rate cost synergies with additional revenue upside.FOX expects to fund the cash portion of the transaction consideration with a combination of new debt and cash on hand. FOX has obtained $12.0 billion of fully committed bridge financing from Morgan Stanley Senior Funding, Inc. At closing, the company expects pro forma net leverage to be approximately 2.8x, inclusive of 50% credit for run-rate cost synergies. Additional detail on financing terms will be included in the companies' required filings with the Securities and Exchange Commission.Roku Founder, Chairman and Chief Executive Officer Anthony Wood will have an ongoing role at the combined company and will join the FOX Board of Directors following the close of the transaction.The transaction is subject to customary closing conditions, including approvals by FOX and Roku shareholders, receipt of U.S. and certain non-U.S. regulatory approvals and other customary conditions. In connection with execution of the acquisition agreement, Anthony Wood and certain associated trusts and related entities that together hold at least a majority of the voting power of the Roku stock entered into a voting and support agreement agreeing to vote in favor of the transaction. LGC Holdco LLC also entered into a voting and support agreement with respect to the issuance of FOX shares in the transaction. The transaction is expected to close in the first half of calendar year 2027.In connection with the transaction, the companies expect to file a registration statement on Form S-4 containing a joint proxy statement/prospectus with the Securities and Exchange Commission.Investor Conference Call and PresentationFOX and Roku will host a joint investor conference call today at 8:00 AM Eastern Time to discuss the transaction. A live webcast and related presentation materials will be available on FOX's investor relations website at investor.foxcorporation.com and Roku's investor relations website at www.roku.com/investor. An archived replay and the presentation will be available following the call.About Fox CorporationFox Corporation produces and distributes compelling news, sports and entertainment content through its primary iconic domestic brands, including FOX News Media, FOX Sports, Tubi Media Group, FOX Entertainment and FOX Television Stations. These brands hold cultural significance with consumers and commercial importance for distributors and advertisers. The breadth and depth of FOX's footprint allow the Company to deliver content that engages and informs audiences, develop deeper consumer relationships and create more compelling product offerings. For more information about Fox Corporation, please visit www.foxcorporation.com.About Roku, Inc.Roku pioneered streaming on TV. Today, it is the #1 TV streaming platform in the U.S., Canada, and Mexico by hours streamed (Hypothesis Group, Dec. 2025). Roku connects viewers to the content they love, enables content publishers to build and monetize large audiences through advertising and subscriptions, and provides advertisers with unique capabilities to reach and engage consumers. Roku streaming players and Roku-made TVs are available at major retailers, and licensed Roku TV™ models are sold by leading TV brands in more than 15 countries around the world. Roku also owns and operates The Roku Channel, the home of premium and free entertainment; Howdy, a low-cost subscription service; and Frndly TV, a live TV streaming service. Roku is headquartered in San Jose, Calif., U.S.A.AdvisorsAllen & Company LLC is serving as lead financial advisor to Fox Corporation. Morgan Stanley & Co. LLC is also serving as a financial advisor to FOX and Morgan Stanley Senior Funding, Inc. is providing a committed $12 billion bridge financing facility. Goldman Sachs & Co. LLC is also serving as a financial advisor to FOX. Weil, Gotshal & Manges LLP is serving as legal counsel to FOX.Qatalyst Partners is serving as exclusive financial advisor to Roku, and Goodwin Procter LLP is serving as legal counsel to Roku.Important Information About the Transaction and Where to Find ItIn connection with the proposed transaction between FOX and Roku, FOX will file with the SEC a registration statement on Form S-4 that will include a joint proxy statement of FOX and Roku and that will also constitute a prospectus of FOX. FOX and Roku may also file other documents with the SEC regarding the proposed transaction. This document is not a substitute for the joint proxy statement/prospectus or registration statement or any other document which FOX or Roku may file with the SEC. INVESTORS AND SECURITY HOLDERS OF FOX AND ROKU ARE URGED TO READ THE REGISTRATION STATEMENT, THE JOINT PROXY STATEMENT/PROSPECTUS AND ALL OTHER RELEVANT DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND RELATED MATTERS. Investors and security holders may obtain free copies of the registration statement and the joint proxy statement/prospectus (when available) and other documents filed with the SEC by FOX and Roku through the web site maintained by the SEC at www.sec.gov. These documents, once available, also will be made available free of charge on FOX's website at https://investor.foxcorporation.com/ or on Roku's website at https://www.roku.com/investor.No Offer or SolicitationThis communication is not intended to and shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote of approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.Cautionary Notes on Forward-Looking StatementsThis communication includes "forward-looking statements" within the meaning of federal securities laws, including Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act") by the Private Securities Litigation Reform Act of 1995, including statements regarding the proposed transaction between Fox Corporation ("FOX") and Roku, Inc. ("Roku"). In this context, forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "forecast," "outlook," "target," "endeavor," "seek," "predict," "intend," "strategy," "plan," "may," "could," "should," "will," "would," "will be," "will continue," "will likely result," or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements. All statements, other than historical facts, including, but not limited to, statements regarding the expected timing and structure of the proposed transaction, the ability of the parties to complete the proposed transaction, the expected benefits of the proposed transaction, including future financial and operating results and strategic benefits, the tax consequences of the proposed transaction, and the combined company's plans, objectives, expectations and intentions, legal, economic and regulatory conditions, and any assumptions underlying any of the foregoing, are forward-looking statements.These forward-looking statements are based on FOX's and Roku's current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from FOX's and Roku's current expectations. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, (1) that one or more closing conditions to the proposed transaction, including certain regulatory approvals, may not be satisfied or waived, on a timely basis or otherwise, including that a governmental entity may prohibit, delay or refuse to grant approval for the consummation of the proposed transaction, may require conditions, limitations or restrictions in connection with such approvals or that the required approval by the stockholders of FOX or stockholders of Roku may not be obtained; (2) the risk that the proposed transaction may not be completed on the terms or in the time frame expected by FOX and Roku, or at all; (3) unexpected costs, charges or expenses resulting from the proposed transaction; (4) uncertainty of the expected financial performance of the combined company following completion of the proposed transaction; (5) failure to realize the anticipated benefits of the proposed transaction, including as a result of delay in completing the proposed transaction or integrating the businesses of FOX and Roku, on the expected timeframe or at all; (6) the ability of the combined company to implement its business strategy; (7) difficulties and delays in the combined company achieving revenue and cost synergies; (8) inability of the combined company to retain and hire key personnel; (9) the occurrence of any event that could give rise to termination of the proposed transaction; (10) the risk that stockholder litigation in connection with the proposed transaction or other litigation, settlements or investigations may affect the timing or occurrence of the proposed transaction or result in significant costs of defense, indemnification and liability; (11) evolving legal, regulatory and tax regimes; (12) changes in general economic, competitive, technological and/or industry-specific conditions affecting the businesses and industries in which FOX and Roku operate; (13) actions by third parties, including government agencies; (14) risks that any debt financing anticipated in connection with the proposed transaction is not obtained or that such financing cannot be obtained on the anticipated timing or terms or unexpected costs or expenses in connection therewith; (15) risks related to the disruption of management time from ongoing business operations due to the pendency of the proposed transaction, or other effects of the pendency of the proposed transaction on the relationship of any of the parties to the transaction with their employees, customers, advertisers, content partners, distributors, device partners, suppliers or other counterparties; and (16) other risk factors detailed from time to time in FOX's and Roku's reports filed with the Securities and Exchange Commission (the "SEC"), including FOX's and Roku's annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and other documents filed with the SEC, including documents that will be filed with the SEC in connection with the proposed transaction. The foregoing list of important factors is not exclusive.Any forward-looking statements speak only as of the date of this communication. Neither FOX nor Roku undertakes, and each party expressly disclaims, any obligation to update any forward-looking statements, whether as a result of new information or developments, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.Participants in the SolicitationFOX, Roku and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. Information regarding FOX's directors and executive officers, including a description of their direct interests, by security holdings or otherwise, is available in FOX's Annual Report on Form 10-K for the year ended June 30, 2025, under the heading "Directors, Executive Officers and Corporate Governance", and its proxy statement filed on September 25, 2025, under the headings "Proposal No.1: Election of Directors" and "Executive Officers of Fox Corporation," which are filed with the SEC. Information regarding Roku's directors and executive officers, including a description of their direct interests, by security holdings or otherwise, is available in Roku's Annual Report on Form 10-K for the year ended December 31, 2025, under the heading "Directors, Executive Officers and Corporate Governance" and its proxy statement filed on April 24, 2026, under the heading "Board of Directors and Corporate Governance" and "Executive Officer Biographies," which are filed with the SEC. A more complete description will be available in the registration statement on Form S-4 and the joint proxy statement/prospectus when filed. View original content to download multimedia:https://www.prnewswire.com/news-releases/fox-corporation-to-acquire-roku-inc-302800240.htmlSOURCE Fox Corporation Original: FOX CORPORATION TO ACQUIRE ROKU, INC.
US Market News
4週前
Marvell Technology and Flex Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600June 5, 2026 7:25 PM
PR Newswire (US) NEW YORK, June 5, 2026 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 22, 2026, to coincide with the quarterly rebalance. The changes ensure that each index is more representative of its market capitalization range. The companies being removed from S&P MidCap 400 and S&P SmallCap 600 are no longer representative of the mid-cap and small-cap market space, respectively. Following is a summary of the changes that will take place prior to the open of trading on the effective date:Effective DateIndex Name ActionCompany NameTickerGICS SectorJune 22, 2026S&P 500AdditionMarvell TechnologyMRVLInformation TechnologyJune 22, 2026S&P 500DeletionPool CorpPOOLConsumer DiscretionaryJune 22, 2026S&P 500AdditionFlexFLEXInformation TechnologyJune 22, 2026S&P 500DeletionThe Campbell's CompanyCPBConsumer StaplesJune 22, 2026S&P MidCap 400AdditionRokuROKUCommunication ServicesJune 22, 2026S&P MidCap 400DeletionFlex FLEXInformation TechnologyJune 22, 2026S&P MidCap 400AdditionCoeur MiningCDEMaterialsJune 22, 2026S&P MidCap 400DeletionBellRing Brands BRBRConsumer StaplesJune 22, 2026S&P MidCap 400AdditionSemtechSMTCInformation TechnologyJune 22, 2026S&P MidCap 400DeletionCotyCOTYConsumer StaplesJune 22, 2026S&P MidCap 400AdditionSanminaSANMInformation TechnologyJune 22, 2026S&P MidCap 400DeletionConcentrix CNXCIndustrialsJune 22, 2026S&P MidCap 400AdditionViavi Solutions VIAVInformation TechnologyJune 22, 2026S&P MidCap 400DeletionBlackbaud BLKBInformation TechnologyJune 22, 2026S&P SmallCap 600AdditionPoolPOOLConsumer DiscretionaryJune 22, 2026S&P SmallCap 600DeletionEmbecta EMBCHealth CareJune 22, 2026S&P SmallCap 600AdditionThe Campbell's CompanyCPBConsumer StaplesJune 22, 2026S&P SmallCap 600DeletionUniversal Health Realty Trust UHTReal EstateJune 22, 2026S&P SmallCap 600AdditionCotyCOTYConsumer StaplesJune 22, 2026S&P SmallCap 600DeletionSemtechSMTCInformation TechnologyJune 22, 2026S&P SmallCap 600AdditionConcentrix CNXCIndustrialsJune 22, 2026S&P SmallCap 600DeletionSanmina SANMInformation TechnologyJune 22, 2026S&P SmallCap 600AdditionBlackbaudBLKBInformation TechnologyJune 22, 2026S&P SmallCap 600DeletionViavi SolutionsVIAVInformation TechnologyJune 22, 2026S&P SmallCap 600AdditionCredit Acceptance CACCFinancialsJune 22, 2026S&P SmallCap 600DeletionOxford IndustriesOXMConsumer DiscretionaryJune 22, 2026S&P SmallCap 600AdditionLazardLAZFinancialsJune 22, 2026S&P SmallCap 600DeletionGogoGOGOCommunication ServicesJune 22, 2026S&P SmallCap 600AdditionEastern BanksharesEBCFinancialsJune 22, 2026S&P SmallCap 600DeletionPRA GroupPRAAFinancialsJune 22, 2026S&P SmallCap 600AdditionWesbancoWSBCFinancialsJune 22, 2026S&P SmallCap 600DeletionInsteel IndustriesIIINIndustrialsJune 22, 2026S&P SmallCap 600AdditionWarby ParkerWRBYConsumer DiscretionaryJune 22, 2026S&P SmallCap 600DeletionEthan Allen InteriorsETDConsumer DiscretionaryJune 22, 2026S&P SmallCap 600AdditionNicolet BanksharesNICFinancialsJune 22, 2026S&P SmallCap 600DeletionCytek BiosciencesCTKBHealth CareJune 22, 2026S&P SmallCap 600AdditionLiquidia LQDAHealth CareJune 22, 2026S&P SmallCap 600DeletionMonroMNROConsumer DiscretionaryJune 22, 2026S&P SmallCap 600AdditionRush Street InteractiveRSIConsumer DiscretionaryJune 22, 2026S&P SmallCap 600DeletionVital FarmsVITLConsumer StaplesJune 22, 2026S&P SmallCap 600AdditionUnited States Lime & MineralsUSLMMaterialsJune 22, 2026S&P SmallCap 600DeletionCable OneCABOCommunication ServicesJune 22, 2026S&P SmallCap 600AdditionInvenTrust PropertiesIVTReal EstateJune 22, 2026S&P SmallCap 600DeletionForward AirFWRDIndustrialsABOUT S&P DOW JONES INDICESS&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/.FOR MORE INFORMATION:S&P Dow Jones Indices
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spdji.comms@spglobal.com View original content:https://www.prnewswire.com/news-releases/marvell-technology-and-flex-set-to-join-sp-500-others-to-join-sp-midcap-400-and-sp-smallcap-600-302793159.htmlSOURCE S&P Dow Jones Indices Original: Marvell Technology and Flex Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
US Market News
1月前
ENHANCED (NYSE: ENHA) SURPASSES $32 MILLION IN SPONSORSHIP DEAL VALUE FOR INAUGURAL ENHANCED GAMESMay 26, 2026 10:07 AM
PR Newswire (US) Seven Months Remain in 2026 to Pursue Additional Commercial PartnershipsNamed Partners Include ZOOP, Rumble (NASDAQ: RUM), Rezolve AI (NASDAQ: RZLV), Roku (NASDAQ: ROKU), Caliwater, Betr, Frame Fitness, Public, and othersNEW YORK, May 26, 2026 /PRNewswire/ -- Enhanced (NYSE: ENHA), the elite sports competition and performance products company, today announced that the inaugural Enhanced Games held Sunday May 24th from Las Vegas secured more than $32 million in aggregate sponsorship deal value across its commercial partner ecosystem. Sponsorship deal value was secured ahead of the inaugural Games. The company has more than seven months remaining in the year to pursue additional sponsorships, renew and expand existing relationships, and build toward the second Enhanced Games. The Company's full year 2026 sports revenue guidance is $31 million. "We reset what this category is capable of," said Maximilian Martin, CEO Enhanced. "The market has spoken and what our sponsors recognized is that the Enhanced Games is not a niche experiment. Rather a new accessible category of live sport with genuine reach, an engaged audience, and a brand identity unlike anything else in the market. The $32 million we secured with our first event is not a ceiling. It is a starting point."Reach, Cultural Relevance, and the Power of First-Mover AssociationEnhanced attributes the commercial performance to four interconnected drivers - each reflecting not just the quality of the assets on offer, but the deeper strategic calculus that brought marquee brands to the table. This includes a genuinely compelling and differentiated idea. The Enhanced Games is the only sports property built around scientific transparency, medically supervised performance enhancement, and elite athletic competition. With no comparable property anywhere in the market, brands did not simply buy an advertising placement. They bought category ownership in a first-of-its-kind global sports franchise at the moment when the category is being defined.The inaugural Games provided reach at scale for its partners. Streamed free on the Roku Sports Channel to over 100 million homes across the United States, Canada, and Mexico - a distribution footprint that rivals established sports franchises. Combined with global digital distribution through ZOOP, Rumble, YouTube, X, and many other platforms, commercial partners gained access to a uniquely broad, young, and highly engaged audience that is difficult to reach through conventional sports inventory. The property's organic pull was equally striking with more than 181 independent creators and some of the most prominent streamers in the world choosing to cover the Enhanced Games, generating very impressive viewership across the weekend that the company will report in greater detail later this week.The Enhanced Games sit at the intersection of the most powerful cultural forces of this moment: individual performance, scientific optimism, personal freedom, and the rejection of outdated institutional constraints. Sponsors understood that joining this property is not simply a media buy - it is a cultural statement. In an era where brands compete fiercely for authentic association with movements that resonate with their audiences, the Enhanced Games offers something genuinely rare: a property that generates the kind of earned attention and cultural conversation that no conventional media spend can manufacture. Partners also recognized the long-term brand equity that comes from being among the founding commercial sponsors of a category-defining sports franchise - an association that appreciates in value as the property grows, and that cannot be replicated by later entrants.Every partner that joined the Enhanced Games did so with the understanding that year one is the foundation on which the company can now build upon. The commercial momentum generated by the inaugural event, the scientific data produced through the company's IRB-approved clinical trial, and the athlete participation pipeline already being built for future events all reinforce a long-term value proposition that sponsors found compelling. They are not buying a one-time placement. They are buying into a franchise at the ground floor.A Commercial Ecosystem Built Across Media, Technology, and Consumer BrandsThe Company's inaugural sponsorship portfolio reflects strategic diversification across multiple industries, with each partner bringing distinct value to the Enhanced platform:ZOOP - Named Founding Partner and Official Creator Platform of the inaugural Enhanced Games in a $10 million partnership agreement. ZOOP delivered immersive coverage from the purpose-built competition arena at Resorts World Las Vegas and co-created athlete content throughout the Games' training camp in the United Arab Emirates, distributing across its global platform and athlete social channels.Rumble (NASDAQ: RUM) – Named Premier Partner and Official Distribution Channel of the Enhanced Games. Financial terms are subject to required regulatory filings and have not been separately disclosed. Rumble streamed the Games live and holds content distribution rights for future Enhanced-produced events. The partnership also encompasses marketing of the company's Live Enhanced consumer platform through Rumble's advertising marketplace.Rezolve AI (NASDAQ: RZLV) – Named in a multi-million-dollar strategic partnership to architect the AI-native backbone of Live Enhanced, the Company's direct-to-consumer digital telehealth platform. Rezolve AI is building deep personalization into the Live Enhanced platform, and served as an event sponsor.Roku (NASDAQ: ROKU) – Named the Official North American Streaming Home of the Enhanced Games, delivering the event free to over 100 million households on the Roku Sports Channel across the U.S., Canada, and Mexico.Caliwater – Named Official Hydration Partner and Official Cactus Water of the Enhanced Games, providing products at the inaugural Enhanced Games and related events, with branding featured throughout the competition complex.Frame Fitness – Named Official Sponsor and naming rights partner of the on-site Athlete Recovery Zone at the inaugural Enhanced Games. Frame Fitness, produces premium at-home Pilates reformers with on-demand fitness content.Public – Named official brokerage and investment partner of the Enhanced Games, with a partnership encompassing co-branded content, broadcast integrations, and in-app editorial placements through The Rundown, Public's editorial platform.Additional Partners – The Company has entered into commercial agreements with additional partners across health, wellness, and lifestyle categories, including Betr, Strive Pharmacy, Brothers Bond, and others. Additional partner announcements are forthcoming as contractual and regulatory timelines permit.Post-2026 Games Commercial Opportunities AheadWith the inaugural Enhanced Games concluded, Enhanced enters the second half of 2026 from a position of demonstrated commercial strength. More than seven months remain in the year to pursue additional sponsorship agreements, renew and expand existing relationships, and build the commercial foundation for future Enhanced Games events. The company is currently in active discussions with prospective partners across a range of categories including health technology, performance nutrition, apparel, and financial services."Our first event delivered proof points across every dimension a sponsor cares about: reach, engagement, cultural resonance, authenticity and a story no other property can tell," said Martin. "We are now in conversations with brands who watched the inaugural Games and want to be part of what comes next. The pipeline is strong, and we believe the second Enhanced Games will attract a deeper and broader commercial base than the first. Every metric we generated in year one is a sales tool for year two."The Company intends to provide further detail on its commercial strategy and partnership pipeline in connection with future investor communications. Certain commercial agreements remain subject to required regulatory filings and the Company will make such filings as required by applicable law.About Enhanced Group, Inc. Enhanced (NYSE: ENHA) is an elite sports competition and performance products company committed to giving athletes and people alike access to products that optimize their health, performance and recovery. The Live Enhanced platform provides consumers access to products, and protocols that optimize health, longevity and vitality. As a premium brand, Enhanced aims to revolutionize and lead the Performance Medicine category. For more information about mission of Enhanced please visit www.enhanced.comAbout The Enhanced GamesThe Enhanced Games will champion scienti?c innovation and integrity in elite sporting competition. Enhanced believes in an objective, evidence-based approach to competition, one that celebrates athletic excellence and unlocks athletes' full potential. The Enhanced Games is not only creating a sporting event that is thrilling for spectators but also a beacon for scienti?c transparency and athlete welfare. By putting athletes ?rst, it gives them the opportunity to reach their full potential and be compensated accordingly, all while ensuring their safety through rigorous medical supervision and scienti?c oversight. The inaugural Enhanced Games were held on May 24, 2026 in a purpose-built competition complex at Resorts World Las Vegas.Forward-Looking StatementsThis press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as "anticipate," "believe," "expect," "estimate," "intend," "plan," "strategy," "future," "opportunity," "will," "may," "could," "should," and similar expressions. Forward-looking statements in this press release include, but are not limited to, statements regarding: the aggregate sponsorship deal value secured for the inaugural Enhanced Games and the components thereof; the expected timing and amount of revenue recognition under U.S. GAAP; the Company's previously disclosed full-year 2026 sports segment revenue guidance; the Company's commercial strategy; ongoing and prospective partnership discussions and the expected scale and composition of the sponsorship roster for future Enhanced Games events; final viewership and audience metrics for the inaugural Enhanced Games; and the Company's plans for future Enhanced Games events.Sponsorship deal value is not a measure of revenue under U.S. GAAP and should not be interpreted as such. Revenue recognized in any period may differ materially from the aggregate stated value of executed commercial agreements due to performance obligations, payment terms, non-cash consideration (including common stock and cashless media trade consideration), contingencies, and other factors. Sponsorship deal value does not reflect estimates of future revenue, free cash flow, or other financial performance, and should not be used as the basis for any such estimate.These forward-looking statements are based on management's current expectations and assumptions and are subject to known and unknown risks, uncertainties, and other factors that could cause actual results, performance, or achievements to differ materially from those expressed or implied. Factors that could cause actual results to differ materially include, but are not limited to, those risks and uncertainties described in the Company's filings with the U.S. Securities and Exchange Commission, including the "Risk Factors" section of the Company's Registration Statement on Form S-4 (as amended) and any subsequent filings, copies of which are available on the SEC's website at www.sec.gov and on the Company's investor relations website.Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable law.Investor Contact
Asia Gilbert
Head of Investor Relations
investors@enhanced.comMedia Contacts
Chris Jones, Chief Communications Officer
media@enhanced.com View original content to download multimedia:https://www.prnewswire.com/news-releases/enhanced-nyse-enha-surpasses-32-million-in-sponsorship-deal-value-for-inaugural-enhanced-games-302781939.htmlSOURCE Enhanced Original: ENHANCED (NYSE: ENHA) SURPASSES $32 MILLION IN SPONSORSHIP DEAL VALUE FOR INAUGURAL ENHANCED GAMES
US Market News
2月前
ROKU TO SERVE AS THE NORTH AMERICAN STREAMING HOME FOR THE INAUGURAL ENHANCED GAMESMay 11, 2026 8:00 AM
PR Newswire (US) Streaming free on the Roku Sports Channel on May 24th 9pm EST/6pm PST, the first-ever event combines scientific innovation and approved use of performance enhancing substances with elite competitionSAN JOSE, Calif. and NEW YORK, May 11, 2026 /PRNewswire/ -- Today, Roku (NASDAQ: ROKU) becomes the North American streaming home for the inaugural Enhanced Games (NYSE: ENHA) on May 24th at 9pm EST/6pm PST, the two companies announced today. The Enhanced Games are an elite sports competition that aims to celebrate athletic excellence while exploring the limits of human performance. Combining scientific innovation, medically approved performance enhancement usage, and a deep commitment to athlete welfare, the Enhanced Games will be a first-of-its-kind sporting event, available for free on the Roku Sports Channel in the U.S., Canada, and Mexico. Hosted by former NFL player and sports media star Emmanuel Acho, the Enhanced Games will also feature documented longevity expert Bryan Johnson as a Human Enhancement Analyst, in a production twist only the Enhanced Games can deliver. Participating athletes include the legendary Hafþór Júlíus "Thor" Björnsson, known for his role as "The Mountain" on "Game of Thrones," British Olympic medalist Ben Proud, American Olympic medalist Fred Kerley, and Olympic weightlifter Boady Santavy. Deepening the intrigue are Olympic gold medalist swimmer Hunter Armstrong of the U.S. and sprinter Tristan Evelyn of Barbados, who will both take on the field as non-enhanced athletes. The Enhanced Games will take place in a purpose-built 2500 seat venue on the grounds of Resorts World in Las Vegas, with swimming, sprinting, and weightlifting events occurring in one arena. Las Vegas' own The Killers are set to headline the closing ceremonies."We look forward to bringing Roku users across North America the excitement and energy of this one-of-a-kind competition," said Joe Franzetta, Head of Sports, Roku. "Congratulations to Enhanced Games on their inaugural event, and we're excited to work together to bring this live event to millions of viewers.""As a new and innovative live sports property, we are ecstatic to have Roku as our official North American partner," said Maximilian Martin, Chief Executive Officer of Enhanced. "Roku provides us immense reach and helps establish a solid foundation as we aim to revolutionize sports with our inaugural event."The Enhanced Games endeavor to ensure the athletes' safety through rigorous medical supervision and scientific oversight. Athletes have been monitored under an approved clinical trial for 16 weeks while training in the UAE. All athletes have the autonomy to compete either naturally or through the Enhanced Medical Program (clinical trial). For more details, see www.enhanced.com.The Enhanced Games is a Van Wagner production in association with Lionsgate Alternative Television.Roku Sports Channel is available for free through The Roku Channel (no subscription required). The Roku Channel is available on Roku devices and TVs, TheRokuChannel.com, iOS and Android devices, Amazon Fire TV, Samsung TVs, Google TVs, and other Android TV OS devices.About The Roku ChannelLaunched in 2017, The Roku Channel is the home of free ad-supported streaming television on Roku, and features a diverse lineup of more than 80,000 on-demand movies and programs, more than 500 live linear television channels, and premium subscription offerings in the U.S. It licenses and distributes content from more than 250 partners and features a growing library of Roku Originals. It is the #2 app on the Roku platform in the U.S. by streaming hours.About RokuRoku pioneered streaming on TV. Today, it is the #1 TV streaming platform in the U.S., Canada, and Mexico by hours streamed (Hypothesis Group, Dec. 2025). Roku connects viewers to the content they love, enables content publishers to build and monetize large audiences through advertising and subscriptions, and provides advertisers with unique capabilities to reach and engage consumers. Roku streaming players and Roku-made TVs are available at major retailers, and licensed Roku TV™ models are sold by leading TV brands in more than 15 countries around the world. Roku also owns and operates The Roku Channel, the home of premium and free entertainment; Howdy, a low-cost subscription service; and Frndly TV, a live TV streaming service. Roku is headquartered in San Jose, Calif., U.S.A.About Enhanced Group, IncEnhanced (NYSE: ENHA) is an elite sports competition and performance products company committed to giving athletes and people alike access to products that optimize their health, performance and recovery. The Enhanced Performance Product line provides consumers access to products, and protocols that optimize health, longevity and vitality. As a premium brand, Enhanced aims to revolutionize and lead the Performance Medicine category.About The Enhanced GamesThe Enhanced Games will champion scientific innovation and integrity in elite sporting competition. Enhanced believes in an objective, evidence-based approach to competition, one that celebrates athletic excellence and unlocks athletes' full potential. The Enhanced Games is not only creating a sporting event that is thrilling for spectators but also a beacon for scientific transparency and athlete welfare. By putting athletes first, it gives them the opportunity to reach their full potential and be compensated accordingly, all while ensuring their safety through rigorous medical supervision and scientific oversight. The inaugural Enhanced Games will take place on May 24, 2026 and will be held at a purpose-built competition complex at Resorts World Las Vegas. The Games will offer unprecedented financial incentives to athletes. For more information about mission of Enhanced, please visit www.enhanced.comMedia ContactsFOR ENHANCED: Chris Joneschris.jones@enhanced.orgFOR ROKU: Nicole WilcoxNwilcox@roku.comInvestor ContactFOR ENHANCED: Asia Gilbertinvestors@enhanced.com View original content to download multimedia:https://www.prnewswire.com/news-releases/roku-to-serve-as-the-north-american-streaming-home-for-the-inaugural-enhanced-games-302767789.htmlSOURCE Enhanced Original: ROKU TO SERVE AS THE NORTH AMERICAN STREAMING HOME FOR THE INAUGURAL ENHANCED GAMES
US Market News
3月前
Roku Launches Howdy Service on Prime VideoMarch 24, 2026 9:00 PM
Business Wire
Howdy will now be available as a subscription on Prime Video in the U.S., bringing its library of affordable, uninterrupted entertainment to customers beyond the Roku platform for the first time
Today, Roku announced the launch of Howdy™, its affordable ad-free subscription video-on-demand (SVOD) streaming service, as a subscription on Prime Video in the U.S. for $2.99 per month, marking the first expansion of the service beyond the Roku platform. Howdy currently features audience favorites like “A Haunting in Venice,” “Sleepless in Seattle,” and “Ice Age,” as well as iconic rom-coms, medical dramas, ‘90s comedy, feel-good classics, and more.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260324318616/en/Roku announced the launch of Howdy™, its affordable ad-free subscription video-on-demand (SVOD) streaming service, as a subscription on Prime Video in the U.S. for $2.99 per month, marking the first expansion of the service beyond the Roku platform.
“Our goal has always been to make great entertainment more accessible,” said Gil Fuchsberg, President of Subscriptions, Partnerships and Corporate Development at Roku. “Howdy offers quality content with no ads for just $2.99 a month, making it a superb value and an ideal complement to other subscriptions. We’re pleased with the response we’ve seen from our viewers and partners since launch. Expanding to Prime Video builds on our momentum and furthers our mission to deliver an ad-free streaming experience at a price that makes it easy for audiences everywhere to enjoy content they love.”
“We’re delighted to launch the Howdy streaming service on Prime Video at an accessible price that delivers exceptional value,” said Ryan Pirozzi, Head of Prime Video Channels, U.S. “This milestone advances our mission to make premium content widely available to our Prime Video customers. Our subscription business’s continued growth demonstrates that customers appreciate the choice, quality, and diverse programming we offer through Prime Video.”
Through this new expansion, customers who subscribe to Howdy via Prime Video will now be able to enjoy Howdy’s growing library of audience-favorite films and television series. Howdy offers thousands of titles and over 10,000 hours of entertainment from Disney Entertainment, FilmRise, Lionsgate, Sony Pictures, and Warner Bros. Discovery, alongside select Roku Original titles. Howdy joins Prime Video’s extensive collection of more than 100 subscription options in the U.S.
The expansion of Howdy to Prime Video complements Roku's strategy to grow platform revenue and expand both third- and first-party subscriptions across Roku’s platform, which reaches over 125 million people in U.S. households daily. Roku, the #1 TV streaming platform in the U.S., Canada, and Mexico*, launched Howdy in August 2025. The company’s streaming portfolio also includes The Roku Channel, the most-watched free ad-supported TV (FAST) service in the U.S.**, and Frndly TV™, an affordable live TV subscription service.
For more information or to sign up, visit howdy.tv.
*By hours streamed, Hypothesis Group Dec. 2025
**Source: Nielsen Streaming Ratings, October 2025
About Roku, Inc.
Roku pioneered streaming on TV. We connect users to the content they love, enable content publishers to build and monetize large audiences, and provide advertisers with unique capabilities to engage consumers. Roku-made TVs, Roku TV™ models, Roku streaming players, and TV-related audio devices are available in various countries around the world through direct retail sales and/or licensing arrangements with TV OEM brands. Roku also operates The Roku Channel, the home of free and premium entertainment with exclusive access to Roku Originals, and the #2 app on our platform in the U.S. by streaming hours. The Roku Channel is available in the United States, Canada, Mexico, and the United Kingdom. Roku is headquartered in San Jose, Calif., U.S.A.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260324318616/en/
Roku U.S. Media Contacts
Nicole Wilcox
nwilcox@roku.com
Sophia Economou
seconomou@roku.com
Original: Roku Launches Howdy Service on Prime Video
US Market News
4月前
Roku Adds Apple TV to Premium SubscriptionsMarch 3, 2026 11:30 AM
Business Wire
Roku customers in the U.S. can now subscribe to Apple TV on The Roku Channel
Today, Roku (NASDAQ: ROKU), the #1 TV streaming platform in the U.S.*, announced the launch of Apple TV on The Roku Channel in the U.S. Using their Roku account, customers can now subscribe to Apple TV through Premium Subscriptions on The Roku Channel to access Apple TV’s premium, compelling drama and comedy series, feature films, groundbreaking documentaries, live sports, and kids and family entertainment in one seamless experience.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260303743576/en/Using their Roku account, customers can now subscribe to Apple TV through Premium Subscriptions on The Roku Channel to access Apple TV’s premium, compelling drama and comedy series, feature films, groundbreaking documentaries, live sports, and kids and family entertainment in one seamless experience.
“The addition of Apple TV to Premium Subscriptions on The Roku Channel is a win for all – our viewers, our platform experience, and our partners at Apple,” said Gil Fuchsberg, President of Subscriptions, Partnerships & Corporate Development at Roku. “Through the scale and power of Roku’s platform, we’re able to drive viewer engagement and discovery of premium services like Apple TV while increasing choice and flexibility in how viewers access great subscription content. We’re excited to keep expanding the Premium Subscription options for our viewers with more content partners, new collaborations, and compelling promotions.”
Apple TV offers thousands of hours of exclusive Apple Originals with new releases weekly and no ads. Subscribers can also watch all of Formula 1® in the U.S., MLS, and Friday Night Baseball live. Apple TV launched in November 2019 as the first global all-original streaming service and offers award-winning series including “Pluribus,” “Shrinking,” “Severance,” “The Studio,” “Monarch: Legacy of Monsters,” “Hijack,” “Slow Horses,” the highly anticipated upcoming fourth season of “Ted Lasso,” and more. Apple TV’s expanding slate of award-winning Apple Original Films includes the Academy Award-nominated summer blockbuster “F1,” “Eternity,” and the Emmy Award-nominated hit “The Gorge,” along with highly anticipated premieres this year including “Outcome,” “The Dink,” “Mayday,” “Matchbox the Movie,” and “Way of the Warrior Kid.”
Discoverable across the Roku platform and through The Roku Channel, Premium Subscriptions allow users to seamlessly subscribe to more than 70 popular streaming services using their Roku account, without needing to create additional logins or passwords. Premium Subscriptions customers can easily access and stream their entertainment with a single login on their Roku device, the Roku mobile app, or the web, and have the added flexibility to add or cancel services at any time – all directly on their Roku device, or by visiting my.roku.com.
Roku customers can sign up for Apple TV on The Roku Channel for $12.99 per month or $99 per year in the U.S. Eligible customers can also take advantage of a 7-day free trial. Sign-up is supported on Roku devices or by visiting go.roku.com/appletv.
*By hours streamed, Hypothesis Group, December 2025
About Roku, Inc.
Roku pioneered streaming on TV. We connect users to the content they love, enable content publishers to build and monetize large audiences, and provide advertisers with unique capabilities to engage consumers. Roku-made TVs, Roku TV™ models, Roku streaming players, and TV-related audio devices are available in various countries around the world through direct retail sales and/or licensing arrangements with TV OEM brands. Roku Smart Home products are sold exclusively in the United States. Roku also operates The Roku Channel, the home of free and premium entertainment with exclusive access to Roku Originals, and the #2 app on our platform in the U.S. by streaming hours. The Roku Channel is available in the United States, Canada, Mexico, and the United Kingdom. Roku is headquartered in San Jose, Calif., U.S.A.
About The Roku Channel
Launched in 2017, The Roku Channel is the home of free ad-supported streaming television on Roku, and features a diverse lineup of more than 80,000 on-demand movies and programs, more than 500 live linear television channels, and Premium Subscription offerings in the U.S. It licenses and distributes content from more than 250 partners and features a growing library of Roku Originals. It is the #2 app on the Roku platform in the U.S. by streaming hours.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260303743576/en/
Media Contact
Roku
Rachel Petersen
rpetersen@roku.com
Original: Roku Adds Apple TV to Premium Subscriptions
eastunder
2年前
Roku stock tumbles after Q4 guidance disappoints, company says it will stop reporting key user figure
Alexandra Canal · Senior Reporter
Thu, October 31, 2024 at 7:36 AM MDT 3 min read
https://finance.yahoo.com/news/roku-stock-tumbles-after-q4-guidance-disappoints-company-says-it-will-stop-reporting-key-user-figure-215329174.html
Roku (ROKU) stock fell around 16% in early trading on Thursday after the company's Q4 guidance disappointed, despite the media player reporting its first quarter of $1 billion in revenue.
For the current quarter, the company estimated gross profit to hit $465 million, with adjusted EBITDA expected to clock in at $30 million. Both metrics fell below Wall Street expectations of $477 million in gross profit and $36.2 million in adjusted EBITDA.
The company also said it will stop reporting streaming households as a key performance metric, echoing a similar move from streaming giant Netflix (NFLX), which will no longer report subscriber figures at the start of next year.
Instead, Roku said it will focus on streaming hours, platform revenue, adjusted EBITDA, and free cash flow beginning in the first quarter of 2025.
"Since our IPO in 2017, the streaming industry has evolved meaningfully, with Americans now spending significantly more TV time streaming than watching cable," Roku said in its earnings release. "Our business has also grown and evolved, and we are now primarily focused on growing platform revenue and profitability."
Prior to Wednesday's release, shares had rallied more than 30% over the past three months on expectations of a strong ad market and upside to platform revenue growth.
It's a critical shift for the company, which underwent a number of cost-cutting measures last year in an effort to bring down operating expenses and improve profits. It's recently committed to various monetization initiatives, which have included a deeper integration with programmatic advertising giant the Trade Desk (TTD).
Roku said those efforts, along with tailwinds from political ad spend, will "continue in Q4."
In the third quarter, Roku reported net revenue of $1.1 billion, up 16% year over year, on a net loss of $65 million, or $0.06 a share. That quarterly net loss was significantly narrower than the $0.33 loss Wall Street expected, as well as the prior-year period's $2.33 quarterly loss.
Platform revenue, which includes ad sales, revenue from distribution deals, and the over-the-top streaming service the Roku Channel, came in at $908 million, up 15% on the year.
The boom was driven by strength in advertising sales, content distribution, and expansion into international markets.
"In Q3, the year-over-year growth of advertising activities across the Roku platform — excluding media and entertainment — outperformed both the overall ad market and the over-the-top (OTT) ad market in the US," Roku said, highlighting strength in political, retail, and consumer packaged goods ad verticals.
The company reported streaming households of 85.5 million, a sequential increase of 2 million and up 13% year over year. Streaming hours also increased 5.3 billion year over year to reach 32 billion in the quarter.
Overall, the company has been facing more competition in the connected TV and streaming ads business.
Amazon rolled out ads on its Prime Video streaming service earlier this year in the US. Wall Street has noted the massive disruption the tech giant has already caused in the space as companies like Netflix (NFLX) and Disney (DIS) are also in the running for ad buyers.
On Tuesday, Morgan Stanley analyst Ben Swinburne reiterated his Underweight rating on shares, categorizing recent optimism as "premature" and rising competition "as an under-appreciated risk."