Shares in Roku Inc. jumped as excessive as 20% Wednesday after the streaming-device maker signed a multiyear settlement with Alphabet Inc. that restores the YouTube TV app to its service.
Roku had eliminated the YouTube TV app from its channel retailer in April as a part of a dispute over how search outcomes have been displayed on Roku’s platform. The YouTube TV app permits its subscribers to look at dozens of live-TV channels on-line for a month-to-month price; the extra well-liked free YouTube app has remained accessible on Roku.
