Roku Stock Price, News & Analysis

Roku has partnered with Warner Bros. Discovery to introduce branded FAST channels on The Roku Channel, set to launch in spring 2023. This collaboration will add approximately 2000 hours of on-demand content, including iconic TV series and movies. Notable programs such as 'Westworld' and 'The Bachelor' will be available for free streaming. Roku continues to enhance its FAST offerings, having secured deals with other major networks. According to recent reports, The Roku Channel ranks as a leader in the AVOD and FAST streaming sectors, reaching an estimated 80 million U.S. households in Q4 2021.

Rebuilding Together Boston will be featured on PBS's Ask This Old House, showcasing home repairs made for 75-year-old Rosalind Pendleton. Her 19th-century home, built in 1884, required significant repairs including safe exits and improved lighting for her grandchildren. The episode, titled "Neighbors Helping Neighbors," will air starting Jan. 26, 2023. The nonprofit aims to raise awareness about the need for safe and affordable housing repairs, highlighting the social mission of enhancing homeowner safety and comfort. For more details about their services, visit www.rebuildingtogetherboston.org.

The recent study by MAGNA Media Trials and Roku highlights the effectiveness of innovative streaming TV ads, revealing that they drive 78% greater search intent compared to traditional TV ads. The Beyond the :30 on Streaming TV report indicates that new video ad formats are significantly more favorable, with three formats tested: Thematic Tagged Vignette, Roku Original Vignette, and Watch Alongs. Results show up to 66% top-of-mind ad recall for Watch Alongs versus 39% for traditional ads, underscoring the potential of these formats to boost brand awareness and purchase intent.

Roku's third annual Video-on-Demand Evolution study reveals significant changes in Canadian TV streaming habits.

• 76% of Canadians are now TV streamers, with 18% considering downgrading or canceling cable subscriptions.
• Ad-supported TV is growing, with over 52% of streamers engaging with it.
• 47% of respondents aim to change their streaming service selection due to economic factors.

Flexibility in content consumption is crucial, as 57% feel they have less disposable income. The rise in live TV viewership is notable, with a 19% increase since 2020. This shift presents opportunities for marketers to reach audiences effectively.

Roku, Inc. announced a significant milestone, surpassing 70 million active accounts, up from 60.1 million in Q4 2021. In 2022, global streaming hours reached 87.4 billion, marking a 19% increase year-over-year. Roku remains the top TV streaming platform in the U.S., Canada, and Mexico. With the launch of its first Roku-branded TVs on Jan. 4, the company aims to enhance the streaming experience at accessible prices. The Roku Channel also expanded its offerings, including original content and partnerships with major networks.

Roku (Nasdaq: ROKU) announced the launch of its first-ever Roku-branded TVs, the Roku Select and Roku Plus Series, at CES. These HD and 4K TVs, designed and made by Roku, emphasize value and a great streaming experience. Available in 11 models ranging from 24” to 75” with prices between $119 and $999, they will hit the U.S. market in spring 2023. Features include Roku Voice Remotes and integration with a new Roku TV Wireless Soundbar. This move aims to further establish Roku's position as the leading TV streaming platform in the U.S.

Roku (Nasdaq: ROKU) introduced a new premium Roku TV OLED reference design at CES 2023, offering enhanced picture quality and features to its partners. This design features superior black levels, contrast, and viewing angles.

Roku's commitment to providing high-quality streaming experiences continues, with 11 reference designs launched since 2014. The Roku TV program is now the leading smart TV OS in the U.S., expanding its market presence internationally across nine countries. Roku plans to add new TV brands and models this year.

Roku, Inc. (Nasdaq: ROKU) and TCL Electronics announced the launch of TCL Roku TV™ models in Australia starting in early November. Available in 55- and 65-inch sizes, these 4K UHD TVs will offer a customizable home screen that integrates live TV, traditional inputs, and streaming channels. The models will support Freeview for free terrestrial channels and will feature access to the Roku Channel Store, including services like Netflix and Disney+. Pricing details will be disclosed by TCL.

Roku, Inc. (NASDAQ: ROKU) announced its third quarter 2022 results and will host a conference call today at 2:00 PM PT to discuss the outcomes. Interested parties can access the live webcast through the Roku investor relations website. Roku continues to lead in streaming technology, connecting users to content while enabling publishers to reach large audiences. The company offers a range of streaming devices and smart home products, enhancing user engagement and advertiser capabilities.