According to published reports, streaming media device company, Roku, has raised a mega $60 million round, led by new investor Fidelity; publisher and TV station owner Hearst Corp., also invested. Previous strategic investors, including BSkyB, News Corp. and Dish, joined the round as well.

Roku launched the first product designed to deliver movies from Netflix instantly on TV, using the power of the Internet. Since then, the firm's best-selling Roku streaming players have become synonymous with amazing choice, control, and value in TV entertainment.