By Razak Musah Baba
LONDON--British Sky Broadcasting Group PLC (BSY.LN) said
Thursday that Sky has made a further $0.7 million equity investment
in Roku, a platform which delivers over-the-top content via its
streaming devices.
This follows the total investments of $12.2 million made by Sky
in Roku in July 2012 and May 2013 and will provide financing for
Roku's operations and activities.
21st Century Fox has also made a further equity investment in
Roku, Sky said.
British Sky Broadcasting Group, the leading pay-television
operator in the U.K., is commonly known as BSkyB and trades as
Sky.
BSkyB's biggest shareholder is 21st Century Fox with a 39.1%
stake. Until late June, 21st Century Fox was part of the same
company as The Wall Street Journal and Dow Jones Newswires' owner:
News Corp.
Write to Razak Musah Baba at razak.baba@wsj.com; Twitter:
@Raztweet
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