Roku Stock Price, News & Analysis

Roku, Inc. (NASDAQ: ROKU) has launched its most powerful streaming player, the Roku Ultra, now bundled with the Roku Voice Remote Pro, priced at just $99.99. Available in mid-May, the Roku Ultra features a fast interface, Dolby Vision, Dolby Atmos, and HDR10+ compatibility. The remote adds hands-free voice control, a rechargeable battery, and a lost remote finder. The update enhances user experience while maintaining affordability, ensuring high performance is accessible.

Roku, Inc. (Nasdaq: ROKU) announced that CFO Steve Louden will present at the 17th Annual Needham Technology & Media Conference on May 16, 2022. The presentation is scheduled for 1:30 p.m. Eastern Time / 10:30 a.m. Pacific Time and will feature a fireside conversation format. Investors can access a live webcast and replay via Roku’s Investor Relations site at https://www.roku.com/investor. Roku is a leader in streaming technology, connecting users to their favorite content and enabling content publishers to monetize audiences.

Roku and Warner Bros. Discovery announced the launch of discovery+ as a Premium Subscription on The Roku Channel in the U.S.. Users can choose between an ad-free subscription for $6.99 or an ad-supported version for $4.99. discovery+ offers a vast library of over 70,000 episodes from popular networks like HGTV, Food Network, and Animal Planet, along with exclusive content. The Roku Channel now features over 80,000 movies and programs, simplifying user access and subscription management.

Roku hosted its inaugural IAB NewFront at Chelsea Factory in NYC, highlighting its position as the leading TV streaming platform with 61.3 million active accounts. The event unveiled new advertising solutions across The Roku Channel and OneView, aimed at enhancing marketer experiences in TV streaming. Key announcements included new shoppable ads integrated with Roku Pay, a partnership with Microsoft for audience insights, and a diverse range of Roku Originals. Roku emphasizes innovation to drive ad dollars toward TV streaming.

Roku, Inc. (NASDAQ: ROKU) has announced the global availability of the Apple Music app on its platform, allowing users to access over 90 million songs and 30,000 curated playlists. The app is compatible with all Roku devices, including streaming players and Roku TVs. Existing Apple Music subscribers can use their credentials to log in and enjoy features like 4K music videos, live radio, and personalized recommendations. A one-month free trial is available for new subscribers, with plans starting at $9.99/month.

Roku, Inc. (NASDAQ: ROKU) has released its first quarter 2022 financial results. Details about the results can be found on the Roku investor relations website. A conference call discussing the results will take place today at 2:00 p.m. PT, accessible in listen-only mode on their website. Roku has established itself as a leader in streaming technology, providing users access to beloved content while enabling publishers to monetize audiences and advertisers to connect with consumers effectively.

Roku, Inc. (NASDAQ: ROKU) announced the launch of a new original series, “Honest Renovations,” hosted by Jessica Alba and Lizzy Mathis. This series aims to provide home renovations for deserving families while discussing parenting challenges. It will consist of eight one-hour episodes and is set to begin production in late 2022. The show aims to enrich Roku's content offering, joining a slate of Roku Originals that have garnered viewer interest. The Roku Channel reached an estimated 80 million U.S. households in Q4 2021, enhancing Roku's market footprint.

Roku, Inc. has introduced a new privacy-first data collaboration platform known as Roku’s clean room, designed specifically for TV streaming. This innovative platform enables advertisers to utilize their encrypted first-party data for planning and measuring advertising campaigns.

With direct connections to Roku’s audience and linear TV data, the clean room ensures privacy while allowing brands to analyze campaign reach and effectiveness. Major media groups like Omnicom and dentsu are already leveraging this technology, enhancing advertising strategies without relying on cookies.

Roku has announced the launch of season one of the comedy series “Children Ruin Everything” on The Roku Channel in the U.S., debuting May 13. The company has also picked up a second season, which will feature 16 episodes, double that of the first season, with production starting in Toronto and Hamilton this Spring. The series, created by Kurt Smeaton, explores the comedic challenges of parenthood. It became CTV's #1 new comedy in Canada during the 2021-22 season, highlighting its popularity.