Shares of Roku jumped more than 10% on Tuesday after the company announced that the Apple TV app is now available on its platform. Roku users are now able to access the app through the Roku Channel Store.
Roku users are now able to access the app through the Roku Channel Store, allowing customers to subscribe directly to Apple TV channels using their Apple ID and password, according to a release sent Tuesday morning.
Users will be able to browse, rent and buy TV shows and movies from Apple while also having access to all the shows and movies they have previously purchased from iTunes, the release said. This news comes ahead of the Nov. 1 launch of Apple's new streaming service, Apple TV+, which Roku users will be able to subscribe to within the Apple TV app. Users will still pay the full $4.99 subscription price for the streaming service.
"With the Apple TV app coming to Roku, our customers will enjoy an even broader range of exciting entertainment, including the highly anticipated Apple TV+ service," said Scott Rosenberg, Roku's senior vice president and general manager of platform business, in the release.
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