Latest news with #50CentAction
Yahoo
12-05-2025
- Business
- Yahoo
Roku Acquires Streaming Bundle Service Frndly TV For $185M
Roku is paying $185 million to acquire Frndly TV, a provider of low-cost TV bundles delivered via streaming. The all-cash deal includes $75 million in holdbacks tied to certain performance targets and milestones over the next two years. More from Deadline Lionsgate's 50 Cent Action Becomes No. 1 Action Channel On Roku & LG Channels Taiwanese Drama 'The World Between Us: After the Flames' Sets Premiere Date On Prime Video Joe Pyfer Doc 'Journey To The UFC' Finds U.S. Sparring Partner In Roku; Canal+ & AMC Networks Also Buy Big Media Title Roku announced the deal at the same time it reported first-quarter earnings, with revenue rising 16% to $1.02 billion. The deal, which is expected to close during the current April-to-June quarter, brings another scaled tech player into the world of internet-delivered pay-TV. The sector is currently dominated by YouTube TV, which has 8 million subscribers. Disney is also making moves in the space, having agreed to acquire Fubo earlier this year, giving it 6 million subscribers between Fubo and Hulu + Live TV. Denver-based Frndly operates at the lower end of the price spectrum, with plans offering dozens of general-entertainment channels for $7 to $13 a month. After launching in 2019, the company said it had reached 700,000 subscribers by 2022, with a lineup including A&E, Hallmark Channel, The History Channel and Lifetime, plus thousands of hours of on-demand content. In avoiding pricey sports programming, the service positioned itself similarly to Philo TV, which has cracked the 1 million subscriber mark after a longer run in the marketplace. 'Frndly TV's impressive growth and expertise in direct-to-consumer subscription services make it a compelling addition to Roku,' Roku founder and CEO Anthony Wood said. 'This acquisition supports our focus on growing platform revenue and Roku-billed subscriptions, with a live content offering our users love at an industry-leading price point.' Frndly TV's team, including co-founder and CEO Andy Karofsky, will stay on after the transaction closes. 'We're incredibly excited to join Roku and continue our mission to provide customers feel-good, quality entertainment as the most affordable live TV subscription streaming service in America,' Karofsky said. 'Roku's pioneering role in streaming and its longstanding commitment to customers aligns perfectly with our strategic vision. We believe this combination will help us accelerate subscription growth, given the alignment in core customer demographics and Roku's leadership position in the connected TV ecosystem.' Best of Deadline Brad Pitt's Apple 'F1' Movie: Everything We Know So Far Everything We Know About 'Nine Perfect Strangers' Season 2 So Far 2025-26 Awards Season Calendar: Dates For Tonys, Emmys, Oscars & More Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-05-2025
- Entertainment
- Yahoo
Lionsgate's 50 Cent Action Becomes No. 1 Action Channel On Roku & LG Channels
EXCLUSIVE: Lionsgate's 50 Cent Action, the FAST channel curated by Curtis '50 Cent' Jackson has become the #1 action channel on both The Roku Channel and LG Channels, we've learned. 50 Cent Action first debuted with an exclusive launch on Roku, where it quickly became the most-watched action channel on The Roku Channel in Q1. Its recent rollout on LG Channels has already achieved the same milestone—cementing the channel's appeal and momentum across the FAST space. More from Deadline 'Hunger Games: Sunrise On The Reaping' Set To Be Biggest Project On Sale At Cannes With A Budget North Of $150M - The Dish Joe Pyfer Doc 'Journey To The UFC' Finds U.S. Sparring Partner In Roku; Canal+ & AMC Networks Also Buy Big Media Title Lionsgate Promotes Taylor du Pont To Head Of Television Post Production In addition, 50 Cent Action also went live on Vizio's WatchFree+ and Sling TV's Sling Freestream today. 50 Cent Action is one of the first talent-branded FAST channels. Jackson will be front and center at LG Ad Solution's NewFronts presentation on Monday, May 5, where he will appear for a live Q&A with the company's CEO Michael Hudes to discuss the successful growth of the channel and what's coming next. 'This is the future of entertainment,' said Jackson. 'It's about making real connections. I'm hands on with everything and collaborating closely with Lionsgate – which has been a great partner – to give fans free, direct access to the best action movies and shows out there, all in one place. Fans can step into my world every time they turn on the channel.' '50 Cent is a cultural icon with an unmatched connection to his audience,' said Jim Packer, Lionsgate's President of Worldwide Television Distribution. 'We've seen incredible momentum on the channel since launch, and our goal is to make 50 Cent Action one of the leading action destinations for fans and advertisers in the FAST Space.' The channel features 50 Cent's favorite premium films and television series drawn from Lionsgate's 20K-title library, including box office hits like The Expendables, Rambo and Den of Thieves, offering up to 1,000 movies including exclusive films and series viewers can't find on other FAST channels. The channel also includes the hugely successful original television series Power which spawned the Power Universe. Lionsgate has aired themed programming stunts around 50 Cent's multiple #1 albums that lend themselves perfectly to the action genre and the studio will soon debut brand new stunts inspired by the hit tracks Many Men (Wish Death) and Behind da Bars. 50 Cent Action will also offer viewers a massive Memorial Day Weekend marathon featuring fan favorites like Now You See Me 1 and 2, the first two installments of Lionsgate's blockbuster $670 million Now You See Me franchise. Jackson is repped by IAG, attorney Steve Savva, and AKR Public Relations Best of Deadline 'Ginny & Georgia' Season 3: Everything We Know So Far Everything We Know About The 'Reminders of Him' Movie So Far 2025 TV Series Renewals: Photo Gallery
Yahoo
03-05-2025
- Entertainment
- Yahoo
Lionsgate's 50 Cent Action Becomes No. 1 Action Channel On Roku & LG Channels
EXCLUSIVE: Lionsgate's 50 Cent Action, the FAST channel curated by Curtis '50 Cent' Jackson has become the #1 action channel on both The Roku Channel and LG Channels, we've learned. 50 Cent Action first debuted with an exclusive launch on Roku, where it quickly became the most-watched action channel on The Roku Channel in Q1. Its recent rollout on LG Channels has already achieved the same milestone—cementing the channel's appeal and momentum across the FAST space. More from Deadline 'Hunger Games: Sunrise On The Reaping' Set To Be Biggest Project On Sale At Cannes With A Budget North Of $150M - The Dish Joe Pyfer Doc 'Journey To The UFC' Finds U.S. Sparring Partner In Roku; Canal+ & AMC Networks Also Buy Big Media Title Lionsgate Promotes Taylor du Pont To Head Of Television Post Production In addition, 50 Cent Action also went live on Vizio's WatchFree+ and Sling TV's Sling Freestream today. 50 Cent Action is one of the first talent-branded FAST channels. Jackson will be front and center at LG Ad Solution's NewFronts presentation on Monday, May 5, where he will appear for a live Q&A with the company's CEO Michael Hudes to discuss the successful growth of the channel and what's coming next. 'This is the future of entertainment,' said Jackson. 'It's about making real connections. I'm hands on with everything and collaborating closely with Lionsgate – which has been a great partner – to give fans free, direct access to the best action movies and shows out there, all in one place. Fans can step into my world every time they turn on the channel.' '50 Cent is a cultural icon with an unmatched connection to his audience,' said Jim Packer, Lionsgate's President of Worldwide Television Distribution. 'We've seen incredible momentum on the channel since launch, and our goal is to make 50 Cent Action one of the leading action destinations for fans and advertisers in the FAST Space.' The channel features 50 Cent's favorite premium films and television series drawn from Lionsgate's 20K-title library, including box office hits like The Expendables, Rambo and Den of Thieves, offering up to 1,000 movies including exclusive films and series viewers can't find on other FAST channels. The channel also includes the hugely successful original television series Power which spawned the Power Universe. Lionsgate has aired themed programming stunts around 50 Cent's multiple #1 albums that lend themselves perfectly to the action genre and the studio will soon debut brand new stunts inspired by the hit tracks Many Men (Wish Death) and Behind da Bars. 50 Cent Action will also offer viewers a massive Memorial Day Weekend marathon featuring fan favorites like Now You See Me 1 and 2, the first two installments of Lionsgate's blockbuster $670 million Now You See Me franchise. Jackson is repped by IAG, attorney Steve Savva, and AKR Public Relations Best of Deadline 'Ginny & Georgia' Season 3: Everything We Know So Far Everything We Know About The 'Reminders of Him' Movie So Far 2025 TV Series Renewals: Photo Gallery
