Feel free to reach out to me at jon.quast@foolcontractors.com. WarnerMedia reached a deal with Roku on Wednesday that brings HBO Max, the company’s nascent streaming service, to Roku devices starting on Thursday. Streaming-TV platform company Roku (NASDAQ:ROKU) has finally reached a deal to bring HBO Max to its platform. 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. HBO Max starts at $14.99 per month. 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. 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. Roku stock rose on Thursday after the company reached a deal to add AT&T ’s HBO Max to its platform. Most stock quote data provided by BATS. 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. After a months-long standoff, WarnerMedia and Roku have reached an agreement to bring streamer HBO Max to Roku devices beginning Dec. 17. Plus, the HBO Max app is finally available on PS5 and Roku devices. Roku, HBO Max Reportedly Near Distribution Deal. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. HBO Max will appear on Roku streaming players starting tomorrow, December 17. Stock Advisor launched in February of 2002. Roku shares are up 2.3% pre-market to $164.09. With the Roku deal, HBO Max now covers all the major OTT device bases, with Roku (46 million active accounts as … HBO Max struck a deal with Roku just in time to stream the new movie. All times are ET. Therefore, HBO Max is taking its service to a huge audience. 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. 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. 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. Nearly seven months after WarnerMedia launched HBO Max, users of the digital media player Roku finally have access to the streaming service. HBO Max might have been motivated to get a deal done with Roku right now. November 19, 2020. 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. The service is owned by AT&T, which also owns WarnerMedia, and WarnerMedia's new release Wonder Woman 1984 is set to begin streaming on HBO Max on Dec. 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. The most recent count puts HBO Max at 12.6 million subscribers. "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. WarnerMedia reached a deal with Roku on Wednesday that brings HBO Max, the company's nascent streaming service, to Roku devices starting on Thursday. HBO Max is supported on all Roku devices that support OS 9.3 and later. 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 … In September, the company finally reached a deal to bring Peacock, a Comcast property, to its platform. 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. 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. Factset: FactSet Research Systems Inc.2018. WarnerMedia sealed a deal in November to get HBO Max on Amazon’s Fire TV devices, but Roku remained a hurdle. Nearly seven months after WarnerMedia launched HBO Max, users of the digital media player Roku finally have access to the streaming service. The service has been available on multiple other devices such as Apple TV and, as of last month, The timing is also notable. The news has an analyst at Benchmark significantly more bullish on the stock. The firm expects a deal with HBO Max to happen before the holiday shopping season. What's great about exploring business and the economy is the insight it gives you into how things are in the world. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All rights reserved. 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 … Market data powered by FactSet and Web Financial Group. By Jacob Oller ... Our long national nightmare is over: HBO Max and Roku have finally reached … HBO Max might have been motivated to get a deal done with Roku right now. Previously: Roku, NBCUniversal set to announce deal … In the digital equivalent of a carriage fee dispute, Roku and WarnerMedia had previously been at odds over the terms of a deal. But in spite of months without a deal, HBO Max's top product exec is … In fact I had to buy a Chromecast Ultra just to make sure that I get HBO Max on May 27th. 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 … Returns as of 01/22/2021. The announcement followed news earlier Wednesday that HBO Max would be supported by Sony's new PlayStation 5 console . As of the third quarter of 2020, Roku already had 46 million active accounts, a 43% year-over-year increase. Erik Gruenwedel. For existing subscribers, the HBO app with automatically update to the HBO Max app. New customers will be able to download and subscribe to the service from the Roku Channel Store. With the Roku deal, HBO Max now covers all the major OTT device bases, with Roku (46 million active accounts as … Having Roku as a distribution partner is also important to HBO Max as it heads into the new year. The service is owned by AT&T, which also owns WarnerMedia, and WarnerMedia's new release Wonder Woman … 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 … All rights reserved. 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. If you sign up between December 3, 2020, and January 31, 2021, you can save 20% on your membership … Roku … HBO Max needs Roku and Amazon Fire TV -- not the other way around. HBO Max will debut the highly anticipated ". 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. 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. That pales in comparison to other streaming services. Updated 6:03 PM ET, Wed December 16, 2020. 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. 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 … Dow Jones indices LLC 2018 and/or its affiliates to me at jon.quast @ foolcontractors.com terms of a deal Carry. Are up 2.3 % pre-market to $ 164.09 million subscribers bring HBO Max is supported all. Devices since the streaming service 's very beginning therefore, HBO Max, users of the equivalent... Sides were stuck in negotiations content of the digital equivalent of a deal to bring Peacock, a 43 year-over-year. 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