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 and Laugh Out Loud announce the renewal of Kevin Hart's comedy action series, ‘Die Hart,’ for a second season titled ‘Die Harter’ on The Roku Channel. Following its premiere on May 20, the show had a record debut weekend, making it the first Roku Original to receive a renewal. The Roku Channel has also reported reaching 70 million U.S. households in Q1 2021, showcasing significant growth. Production for the new season will be led by LOL Studios, with Hart returning as both star and executive producer.
Roku announced that Chief Financial Officer Steve Louden will present at the Evercore ISI Virtual TMT Conference on June 7, 2021, at 9:30 a.m. PT / 12:30 p.m. ET. A live webcast and replay will be accessible on Roku's investor relations website. Roku is a leader in streaming technology, providing users access to their favorite content, helping publishers grow audiences, and offering advertisers unique engagement tools. The company is headquartered in San Jose, California.
Roku, Inc. (Nasdaq: ROKU) launched 'Roku Recommends,' a new weekly entertainment program designed to help viewers discover content on its streaming platform. Premiering on June 3, 2021, the show features co-hosts Maria Menounos and Andrew Hawkins, presenting the top five titles to watch each week. Sponsored by major advertisers like Walmart, the program aims to enhance viewer experience and provide measurable ad effectiveness. The show is available for free on The Roku Channel with new episodes every Thursday, produced by Roku Brand Studio.
Roku (NASDAQ:ROKU) has secured a landmark pay-one window streaming agreement with Saban Films. This deal grants Roku exclusive rights to stream select Saban films for free on The Roku Channel after their theatrical and home entertainment releases in the U.S. and Canada. The first title to premiere is Echo Boomers on June 15. Roku aims to enhance its content offerings and audience engagement through this partnership, which also supports the growth of The Roku Channel, already reaching 70 million U.S. households in Q1 2021.
Roku, Inc. (Nasdaq: ROKU) announced that CFO Steve Louden will present at the J.P. Morgan Virtual Global Technology, Media and Communications Conference on May 24, 2021, at 11:00 a.m. PT / 2:00 p.m. ET. A live webcast and replay will be available on Roku's investor relations website. Roku, a leader in streaming technology, connects users with content and provides unique advertising tools. The company offers streaming players and audio devices in the U.S. and select countries, and Roku TV models are available through licensing arrangements.
Roku, Inc. (Nasdaq: ROKU) announced that CFO Steve Louden will present at the Needham Virtual Technology & Media Conference on May 17, 2021, at 9:45 a.m. PT / 12:45 p.m. ET. Investors can access a live webcast and replay of the presentation on Roku's investor relations website.
Roku has pioneered streaming to TV, connecting users with streaming content, and enabling content publishers to engage with larger audiences. Its streaming devices are available in the U.S. and select countries, as well as Roku TV™ models through licensing agreements.
Roku (NASDAQ: ROKU) announced the launch of Roku Originals on May 20, featuring 30 exclusive titles on The Roku Channel. This initiative highlights award-winning scripted series, documentaries, and reality content aimed at attracting a broader audience. The launch coincides with a partnership with Kevin Hart's Laugh Out Loud brand to introduce LOL! Network, enhancing Roku's content offering. Additionally, promotional offers will be available for Canadian customers coinciding with Streaming Day, celebrating Roku's streaming innovation since 2008.
Roku, Inc. (Nasdaq: ROKU) released its first quarter 2021 results today. The company aims to connect users with streaming content while enabling publishers to monetize audiences and offering unique advertising solutions. The quarterly results and future guidance will be discussed in a conference call today at 2:00 p.m. PT, accessible via the Roku investor relations website. Roku continues to expand its streaming player and TV-related audio device offerings in the U.S. and select international markets.
Tribeca Festival announced a partnership with Roku to host Tribeca X on June 18 in New York, marking the first in-person event during the festival's 20th anniversary. Featuring Walmart CEO Doug McMillon and Roku CEO Anthony Wood, the event will focus on the intersection of advertising and entertainment. The day-long program includes panels and discussions aimed at reviving the economy through storytelling. The Tribeca X Award will recognize outstanding brand and filmmaker collaborations, highlighting new technology and ideas in the industry.
Roku, Inc. (Nasdaq: ROKU) will release its first quarter 2021 financial results on May 6, 2021, after market close. A live conference call is scheduled for 2:00 p.m. Pacific Time on the same day, accessible via the Roku investor relations website. An archived version will be available post-call. Roku is known for pioneering TV streaming and offers a variety of streaming devices and services in the U.S. and select countries.
FAQ
What is the current stock price of Roku (ROKU)?
What is the market cap of Roku (ROKU)?
What does Roku, Inc. do?
How does Roku generate revenue?
What is the Roku OS?
How many households use Roku's streaming platform?
What is the Roku Channel?
Where is Roku headquartered?
Who founded Roku?
Who are some of Roku's investors?
What recent achievements has Roku made?
What are Roku's future aspirations?
