The new agreement is a big win for Roku, ending months of tense negotiations.
Shares of Roku jumped nearly 20% on Wednesday after the company announced that it had reached a new long-term deal with Google to keep YouTube on its streaming platform–avoiding a looming deadline and ending months of messy negotiations. “Effective today, we have agreed to a multi-year extension with Google for YouTube and YouTube TV,” Roku said in a statement. “This agreement represents a positive development for our shared customers, making both YouTube and YouTube TV available for all streamers on the Roku platform.
