TradeStation

Get Cash Back and $0 Commissions
+ The Power of TradeStation

Roku to Resume Sales of Roku Devices in Mexico

Business Wire 16-Oct-2018 5:10 PM

Roku Inc. (NASDAQ:ROKU) today announced that the company will resume sales of Roku® devices in Mexico in the coming weeks. This follows a favorable ruling from the 11th Collegiate Court in Mexico City.

"Today's decision is an important victory for Roku and its Mexican distributor, Latamel Distribuidora, S. de R.L. de C.V. and Mexican retailers in the legal battle against an improper ban on sales of its popular streaming players in Mexico. We are pleased with the Collegiate Court's decision and look forward to continuing to build Roku's TV streaming business in Mexico," said Roku General Counsel Stephen Kay.

"Streaming is the future of TV. It offers a great opportunity for consumers in Mexico by providing more entertainment choices, the ability to watch TV on their schedules and more value for money. We are grateful for our customers in Mexico who, despite the sales ban, continued to stream more and more hours; and for our retail partners and content providers who supported us throughout this past year. We look forward to launching the latest Roku devices in Mexico soon and giving customers an even richer streaming experience," said Roku CMO Matthew Anderson.

About Roku Inc.

Roku pioneered streaming to the TV. We connect users to the streaming content they love, enable content publishers to build and monetize large audiences, and provide advertisers with unique capabilities to engage consumers. Roku streaming players and Roku TV models are available around the world through direct retail sales and licensing arrangements with TV OEMs and service operators. Roku is headquartered in Los Gatos, Calif. U.S.A.

Roku is a registered trademark and Roku TV is a trademark of Roku, Inc. in the U.S. and in other countries.

Image for Press Release 705024