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U.K. Music Streamer Roxi, Backed by Simon Cowell, Kylie Minogue and Sheryl Crow, to Launch in U.S.

The company, founded in 2017, has deals with all major labels, touting that it offers its partners “a unique full-catalog music video service – all the original music videos plus over 100 million Roxi virtual music videos.” It said that in the U.S. it would soon become available “on Samsung, LG, Vizio, Sony Bravia, Roku, Comcast, Fire TV, Google TV, Android TV, NVIDIA Shield TVs and set-top boxes.”

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Comcast Has a “Very High” Bar for Deals, CEO Says

Specific deal options didn’t come up on the call. Earlier this week, a news report suggested that Comcast has talked to TV set makers, including Vizio, about a potential acquisition. Comcast has been pushing into the smart TV set space under the brand XClass as it looks for new ways to reach consumers in their living rooms.

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Recession Fears May Force Hollywood Giants to Change Tactics

If trends continue, Wells Fargo analysts see pressure on the advertising revenue of connected television providers such as Roku and Vizio Holding Corp., as well as advertising-based streaming services such as Paramount’s Pluto and Fox’s Tubi.

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