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Roku plans to produce original shows and feature films

The streaming device maker is hiring to build its own slate of original content.

Roku plans to produce original shows and feature films
Roku's emerging as one of the streaming war's biggest winners.
Photo: Luke Sharrett/Getty Images

Not content anymore with just streaming Hollywood's old shows and movies, Roku is looking to produce originals: The company published a job listing for a lead production attorney, which spells out plans to build out an "expanding slate of original content." This renewed push into originals comes just weeks after Roku acquired Quibi's content library, for which the company reportedly shelled out less than $100 million.

The job listing was first spotted by Revealera, a data provider for job openings. A Roku spokesperson declined to comment.

Roku's job listing is the clearest evidence yet that the Quibi deal doesn't represent a one-off. The listing tells potential applicants that they would "serve as lead production attorney for Roku's original episodic and feature length productions."

The listing also makes it clear that Roku may be looking beyond simply acquiring existing shows and films on an exclusive basis. The attorney would be interacting with guilds and unions, and part of the job would entail working on "option purchase agreements, script acquisition agreements, life rights agreements, agreements to hire writers, actors, directors and individual producers, production services agreements, below-the-line agreements including for department heads, location agreements, clearances, prop rental agreements, likeness releases and credit memos," according to the listing.

Future Roku originals are likely going to be shown on the Roku Channel, the company's free, ad-supported streaming service. The Roku Channel has been at the center of the company's booming advertising business; Roku revealed in November that its services business, which primarily is made up of advertising revenue, had brought in more than $1 billion on a 12-month trailing basis by the end of September.

The company is scheduled to report Q4 and full-year earnings this Thursday.

Protocol | Workplace

Productivity apps can’t stop making money

ClickUp had one of the biggest Series C funding rounds ever. Here's how it matches up to the other productivity unicorns.

ClickUp made $400 million in its series C funding round.

Photo: ClickUp

Productivity platform ClickUp announced a milestone today. The company raised $400 million, which is one of the biggest series C funding rounds in the workplace productivity market ever. The round, led by Andreessen Horowitz and Tiger Global, put the private company at a $4 billion valuation post-money.

In case it's not clear: This is a massive amount of money. It shows how hot the productivity space is right now, with some predicting the market size could reach almost $120 billion by 2028. In a world of hybrid workers, all-in-one tool platforms are all the rage among both startups and productivity stalwarts. Companies everywhere want to escape tool overwhelm, where work is spread across dozens of apps.

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Lizzy Lawrence

Lizzy Lawrence ( @LizzyLaw_) is a reporter at Protocol, covering tools and productivity in the workplace. She's a recent graduate of the University of Michigan, where she studied sociology and international studies. She served as editor in chief of The Michigan Daily, her school's independent newspaper. She's based in D.C., and can be reached at llawrence@protocol.com.

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Protocol | Workplace

Facebook’s hiring crisis: Engineers are turning down offers

"All of you are now starting to experience that major imbalance between supply and demand — and it doesn't feel good," a recruiting leader wrote in an internal memo.

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Anna Kramer

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Theranos trial reveals DeVos family invested $100 million

The family committed "on the spot" to double its investment, an investment adviser said. Meanwhile, the jury lost another two members, with two alternates left.

Betsy DeVos' family invested $100 million in Theranos, an investment adviser said.

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Lisa Peterson, a wealth manager for the DeVos family, testified in Elizabeth Holmes's criminal fraud trial Tuesday, as prosecutors continued to highlight allegations about how the Theranos CEO courted investors in the once-high-flying blood-testing startup.

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Michelle Ma
Michelle Ma (@himichellema) is a reporter at Protocol, where she writes about management, leadership and workplace issues in tech. Previously, she was a news editor of live journalism and special coverage for The Wall Street Journal. Prior to that, she worked as a staff writer at Wirecutter. She can be reached at mma@protocol.com.
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