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Roku
May 9, 2018 23:19:31 GMT
Post by Admin on May 9, 2018 23:19:31 GMT
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Roku
May 23, 2018 0:08:47 GMT
Post by Admin on May 23, 2018 0:08:47 GMT
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Roku
Jun 20, 2018 0:49:01 GMT
Post by Admin on Jun 20, 2018 0:49:01 GMT
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Roku
Aug 9, 2018 1:57:03 GMT
Post by Admin on Aug 9, 2018 1:57:03 GMT
www.hollywoodreporter.com/news/roku-channel-expands-free-programming-web-1133286Roku Expands Free Programming Channel to Web The maker of connected TV devices is also launching new section on its home page called "Featured Free," where it will offer links to free programming from a variety of apps. You don't need a Roku to watch its free programming anymore. The maker of connected TV devices on Wednesday launched web browser support for the Roku Channel, which offers a streaming library of free programming from studios including Lionsgate, Sony Pictures Entertainment and Warner Bros. The move signals a more direct push into the free streaming space already populated by services like Crackle and PlutoTV. "We want to be the best destination for free streaming entertainment," said Rob Holmes, vp programming and engagement at Roku. "We're delighted to deliver even more value to our customers without subscriptions, complicated logins or fees." Roku is also launching a new navigation on the home page of its devices that will make it easier to find free content across its network of apps. The "Featured Free" button will now offer direct links to free content from apps including ABC, The CW, Fox and more. "With Featured Free, we're making it easy for our customers to see the great, free content already available on the Roku platform in one place, while creating value for our content providers by connecting them with Roku's growing audience," said Holmes. The Roku Channel launched last fall to curate a library of free programming from a variety of film and TV studios. It also aggregates free content from participating channels on its platform. It is now the fifth-most-popular streaming channel on the Roku platform.
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Roku
Aug 9, 2018 1:58:42 GMT
Post by Admin on Aug 9, 2018 1:58:42 GMT
www.hollywoodreporter.com/news/roku-revenue-soars-platform-growth-1133308Roku Revenue Soars on Platform Growth The maker of connected TV devices grew second-quarter revenue by 57 percent to nearly $157 million. Roku's business is growing faster than expected. The maker of connected TV devices grew second-quarter revenue by 57 percent to nearly $157 million. It lost just 1 cent per share during the same three-month period. Those results are much better than what Wall Street was anticipating for the company, which will celebrate one year as a public company in September. Roku was expected to report a loss of 15 cents per share on revenue of $141 million. As a result of the strong quarter, the compay is raising its outlook for the rest of 2018. It is anticipating revenue of $164 million to $172 million for the third quarter and full-year revenue of $710 million to $730 million. Roku's business is being helped along by the growth of revenue from its streaming video platform, on which it sells advertising. Platform revenue was up 96 percent during the period to $90.3 million. Player revenue, money earned through the selling of set-top boxes like the Roku player and the Roku Streaming Stick, was up 24 percent to $66.5 million. "We continue to see strong engagement and monetization of our growing account base," the company said in its earnings letter. Roku reached 22 million active accounts during the quarter, up 46 percent from 15.1 million accounts during the same period last year. All told, people streamed 5.5 billion hours of programming on the Roku platform during the period. This growth comes as Roku invests more heavily in providing curated programming to its users. Roku also announced Wednesday that it is expanding its Roku Channel, which offers a curated selection of free programming, to web browsers. This will make the content available to non-Roku owners and significantly increase the potential audience for the channel. "Our goal is to keep expanding reach," Wood said of the Roku Channel during a call with investors. He also noted that IP owners are attracted to being part of Roku Channel because "what's going to matter to them is traffic and monetization." In a call with THR following the earnings disclosure, Wood says that Roku sees the free streaming space "as an underserved market." He adds that the company plans to continue to find new ways to distribute the Roku Channel off Roku platforms, in part because it can be used as a way to market the brand to new customers. "Someone that downloads the Roku app and watches the Roku Channel on their laptop might not be a Roku customer," he notes. "They'll learn about Roku. We'll advertise to them." The company's shares closed the day down less than 1 percent, or 17 cents, to $47.25. The shares were up more than 8 percent during after-hours trading.
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Roku
Jan 5, 2019 2:35:07 GMT
Post by Admin on Jan 5, 2019 2:35:07 GMT
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Roku
Jan 12, 2019 17:37:37 GMT
Post by Admin on Jan 12, 2019 17:37:37 GMT
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Roku
Jan 18, 2019 4:59:15 GMT
Post by Admin on Jan 18, 2019 4:59:15 GMT
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Roku
Jan 18, 2019 5:16:08 GMT
Post by Admin on Jan 18, 2019 5:16:08 GMT
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Roku
Feb 21, 2019 23:51:32 GMT
Post by Admin on Feb 21, 2019 23:51:32 GMT
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Roku
Feb 22, 2019 21:15:52 GMT
Post by Admin on Feb 22, 2019 21:15:52 GMT
www.hollywoodreporter.com/news/roku-hits-27-million-accounts-focus-streaming-platform-1188809Roku Hits 27 Million Accounts in Focus on Streaming Platform The number of hours that Roku accounts spent streaming during the final three months of 2018 reached 7.3 billion, up 69 percent year over year. Roku has grown its streaming video platform to 27 million accounts. The company, which has made an effort to diversify its business from the sale of set-top boxes, earned $151 million in revenue from advertising sales on its platform during the fourth quarter versus $124 million in revenue from the sale of its players. "We estimate that nearly 1 in 5 U.S. TV households now use the Roku platform to stream at least a portion of their TV viewing," CEO Anthony Wood said in a letter to shareholders. All told, the Los Gatos, California, company reported quarterly revenue of $275.7 million, up 46 percent year over year, and earnings of 6 cents per share. Wall Street was looking for $262 million in revenue and earnings of 3 cents per share. The number of hours that Roku accounts spent streaming during the final three months of 2018 reached 7.3 billion, up 69 percent year over year. The company said that its users streamer more in the last 18 months than they did in the prior nine years of the company's history. Roku is expecting to bring in revenue of between $1 billion and $1.025 billion in 2019. It expects to lose between $80 million and $90 million during the year. The stock is trading up more than 1 percent on the report. Roku shares closed the day down 4 percent to $51.48.
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Roku
Jun 26, 2019 22:15:39 GMT
Post by Admin on Jun 26, 2019 22:15:39 GMT
deadline.com/2019/06/rokus-lead-in-connected-tv-market-share-will-grow-to-70-by-year-end-report-1202638383/Roku’s Lead In Connected-TV Market Share Will Grow To 70% By Year’s End, Report Says By Dade Hayes Dade Hayes Finance Editor June 26, 2019 12:35pm Roku’s streaming TV platform accounted for more than 30% of U.S. sales of connected-TV devices in the first quarter, and its lead over the No. 2 provider, Sony PlayStation, will reach 70% by the end of 2019. Those are among the findings in a new report from research firm Strategy Analytics. The report counted more than 41 million Roku-based devices in use, including streaming and smart TVs, accounting for 15.2% of all media streaming devices. The startup led by Anthony Wood, a tech pioneer who holds patents to DVR technology, recently said its licensing business gives one out of every three smart TVs sold in the U.S. a Roku interface and user experience. That gives it bigger market share than manufacturers like Samsung or Vizio, without the overhead costs of those hardware giants. After an initial emphasis on hardware (streaming boxes and sticks), Roku has pivoted to emphasize partnerships, advertising and licensing. Roku’s current lead of 36% over Sony PlayStation will nearly double to 70% by the end of the year, the report predicts. By the end of 2019, more than 52 million Roku-powered devices will be in use, accounting for 18% of all connected media devices. Strategy Analytics also found that Amazon and Google, despite casting long shadows across many operating segments, have not achieved dominance in streaming. Amazon’s Fire TV OS ranked No. 2 in terms of streaming TV sales in the quarter, with 12% of sales, followed by Samsung’s Tizen at 11% and Google (Android TV and Chromecast) at 9%. “Roku had another strong quarter in Q1 and continues to hold a commanding lead in streaming media platforms in spite of Amazon’s growing influence in the living room,” said David Watkins, director at Strategy Analytics and author of the report. Although Roku has quickly become “a highly respected and trusted brand in the U.S.,” Watkins added, the company’s international prospects are more uncertain. “In order to succeed on the international stage, it will need to face down the twin challenge of building brand awareness and drawing users away from well-established players such as Amazon, Apple and Google,” he said. David Mercer, principal analyst at Strategy Analytics, put an even finer point on it. “Google and Amazon clearly have their work cut out to stay in touch with the market leader,” he said.
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Roku
Jul 11, 2019 22:07:52 GMT
Post by Admin on Jul 11, 2019 22:07:52 GMT
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Roku
Jul 19, 2019 23:03:38 GMT
Post by Admin on Jul 19, 2019 23:03:38 GMT
variety.com/2019/digital/news/roku-brazil-international-expansion-1203273300/Roku Plans to Expand to Brazil, Other Countries Roku plans to expand to multiple new territories in the coming months, Variety has learned. One of the first new markets for the company will likely be Brazil. An international expansion could help Roku grow its customer base, which in turn should lead to growing advertising revenues. Roku executives have been hinting at plans to expand internationally for some time. Earlier this month, the company inadvertently spelled out its plans to enter Brazil in multiple job listings, which stated that it was looking to hire people to create “the most exciting and widely appealing content for Roku consumers in Brazil – a vibrant, growing OTT market.” Asked about its plans for the country, a spokesperson stopped short of committing to an imminent launch, saying: “As a global company we are constantly assessing different countries that could offer new opportunities to fuel our growth. We see great potential in the streaming market in Brazil.” In its job postings, the company said that hires would be tasked with striking deals with local broadcasters and online video services. The goal of these efforts, according to the job offers, was to ensure “that a family in San Paulo or Rio can enjoy the best and widest selection of content for their Friday night entertainment” with Roku’s help. Roku currently sells most of its streaming devices in North America, and also has a smaller presence in the United Kingdom, France, Ireland, Mexico and a number of Latin American countries. TV manufacturers that license Roku’s smart TV operating system sell their displays in the U.S., Canada and Mexico. In addition, the company has partnerships with operators to power white-labeled streaming devices in select European countries. Roku generated more than 90% of its revenue in the United States in 2018, according to regulatory filings. The company has been hiring a number of employees to accelerate international growth in recent months. These hires include former Verizon Media executive Tariq Mahmoud, who joined Roku in February to lead its advertising business outside of the United States. The company has also been hiring staffers in its Amsterdam office to further expand into Europe, with one industry source telling Variety that this could happen before the end of the year. That timeline matches public comments from Roku CEO Anthony Wood, who told investors earlier this year that international expansion was one of the areas of focus for 2019. “While we continue to see a lot of headroom to grow active accounts in the U.S., we are increasing our investment internationally,” Wood said in February. Roku’s chief financial officer Steve Louden told Variety in February that the company would likely accelerate account growth abroad in 2020, with international revenue growth following course. “You need to build up scale before you can ramp up monetization,” he said.
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Roku
Aug 7, 2019 20:29:13 GMT
Post by Admin on Aug 7, 2019 20:29:13 GMT
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