Frndly TV, a privately owned US company founded in 2018, offers live and on-demand streaming television. The service focuses on family-friendly content. As of 2023, it employs approximately 40 people and generates less than $25 million in annual revenue.
Roku announced plans to acquire Frndly TV for $185 million in early May 2025. This acquisition was part of Roku's strategic pivot toward platform monetization and global expansion, as reported in their Q2 2025 results. These results showed $1.11 billion in revenue, a 15% year-over-year increase, with platform revenue reaching $975 million—an 18% year-over-year increase. Roku also reported better-than-expected first-quarter 2025 results, with a 16% jump in revenue to $1.02 billion, alongside the Frndly TV acquisition announcement. The acquisition positions Roku to compete with other streaming platforms in the live TV market.