Welcome to our dedicated page for Roku news (Ticker: ROKU), a resource for investors and traders seeking the latest updates and insights on Roku stock.
Roku, Inc. Class A Common Stock (symbol: ROKU) is a pioneering company in the realm of television streaming. Founded by Anthony Wood, the inventor of the DVR, Roku has established itself as a significant player in the streaming industry, enabling consumers to access a wide array of television programming through its innovative platform.
At the core of Roku's offerings is the Roku OS, a proprietary operating system built from the ground up to deliver a superior user experience. This OS powers not only Roku's own streaming devices and televisions but also connected televisions from other manufacturers that license Roku's software. This widespread adoption has made Roku the top streaming operating system in the United States, reaching more than half of broadband households.
With over 80 million streaming households and more than 100 billion streaming hours provided in 2023 alone, Roku's influence in the streaming world is substantial. The company's revenue model is multifaceted, encompassing sales of Roku streaming players, licensing deals with TV OEMs and pay TV operators, and a robust advertising platform. The Roku Channel, a free ad-supported streaming service, further adds to their portfolio by offering a mix of on-demand and live television programming.
Roku's commitment to delivering an exceptional user experience is evident in their continuous investment in top-tier talent across various domains such as advertising, billing, data, mobile, marketing, TV, and software development. Headquartered in Saratoga, California, the company is backed by prestigious investors including Fidelity, 21st Century Fox, Hearst, and Sky.
Recent news highlights Roku's ongoing efforts and developments in the streaming industry. Recent collaborations and technological advancements continue to bolster their market position and expand their user base, solidifying their vision of a future where all television is streamed through software-based operating systems.
Roku, Inc. (NASDAQ: ROKU) and Lionsgate (NYSE: LGF.A, LGF.B) announce the debut of the feature-length film 'Zoey's Extraordinary Christmas' on The Roku Channel this holiday season. Featuring the original cast, production starts in Vancouver this month. The film will be available for free streaming on The Roku Channel in the U.S., Canada, and the U.K. Additionally, all 25 episodes of the acclaimed series will be available for free streaming in the U.S. starting later this fall. This marks Roku's first original feature-length film.
Roku (NASDAQ: ROKU) has expanded its linear programming lineup to over 200 channels, with 17 new channels launching this week on The Roku Channel. This includes a dedicated channel for The Wiggles starting August 19, marking the second anniversary of the Kids & Family section. The Roku Channel, launched in 2017, has seen substantial growth, with streaming hours more than doubling year-over-year in Q2 2021. It features content from over 175 partners and is accessible on various platforms globally.
Roku, Inc. (NASDAQ: ROKU) announced the launch of 23 new Roku Originals on August 13, enhancing its content offerings on The Roku Channel. The new lineup includes premieres such as ‘Eye Candy’ and ‘Mapleworth Murders’, showcasing diverse genres from documentaries to scripted entertainment. The Roku Channel has experienced significant viewer engagement, with Q2 2021 streaming hours more than doubling year-over-year. The platform ranks as the No. 6 streaming channel in the U.S. by household reach, underscoring its growing popularity.
Roku, Inc. (Nasdaq: ROKU) announced that CFO Steve Louden will present at the KeyBanc Virtual Technology Leadership Forum on August 9, 2021, at 10:20 a.m. PT / 1:20 p.m. ET. A live webcast and replay of the presentation will be available on Roku's investor relations website. Roku has revolutionized streaming by connecting users to their favorite content and enabling publishers to monetize their audiences. Roku's products, including streaming players and TVs, are available in the U.S. and select countries.
Roku, Inc. (Nasdaq: ROKU) announced its second quarter 2021 results today. For comprehensive insights, view the full letter to shareholders on the Roku investor relations website. The company will host a conference call today at 2:00 p.m. PT to discuss these results. Roku continues to connect users to beloved streaming content and collaborates with content publishers and advertisers.
Roku, Inc. (Nasdaq: ROKU) will announce its second quarter 2021 financial results on August 4, 2021, after the market closes. A live webcast of the subsequent conference call will be held at 2:00 p.m. PT the same day. Participants can access it via the Roku investor relations website. Roku continues to connect users with their preferred streaming content, while also helping content publishers and advertisers engage consumers effectively.
NBCUniversal and Roku have partnered to deliver an immersive Olympic experience on the Roku platform for U.S. streamers. Starting July 20, 2021, users can access NBCU's extensive 5,500 hours of streaming coverage for the Tokyo Olympics directly from their Roku home screen. The dedicated Olympic experience will feature a countdown clock, medal tracker, and free daily highlights, available via NBC Sports and Peacock channels. This collaboration aims to enhance viewer engagement during one of the largest media events globally, providing easy access to Olympic content.
Roku (Nasdaq: ROKU) in partnership with Maker’s Mark, launches a new weekly talk show titled “The Show Next Door”. Hosted by Randall Park, the series features conversations with various celebrities and is streaming for free on The Roku Channel. The show aims to enhance Roku's content offerings, leveraging insights from increased comedy viewership, which grew by 798% year-over-year. This collaboration reflects Roku's strategy to engage viewers through unique brand integrations rather than traditional ad formats.
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