Tag: Roku

Report: 78% of Viewers Watching the Same Amount of FAST Content or More in 2023; Movies, Reruns Most Watched

Freevee, Pluto TV, The Roku Channel and Tubi are rising platforms with increasing user awareness. They offer commercial-free TV without costly subscription fees, from live streaming channels to movies and reruns. Freevee features ad-breaks every 15 minutes, while Pluto TV has 350+ channels, Roku 450+, and Tubi 200,000+ movies and shows. 55+ news channels are also available on Tubi. Viewers are increasing FAST content watched in 2023.

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Roku Releases Third Quarter 2023 Results

Roku showed strong Q3 2023 results with 75.8 million Active Accounts and 2.3 million sequential net adds. Growth was the highest of the year, cementing Roku’s market dominance in streaming.Roku showed strong Q3 2023 results with 75.8 million Active Accounts and 2.3 million sequential net adds. Growth was the highest of the year, cementing Roku’s market dominance in streaming.

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Roku’s US Reach Rules, But it Doesn’t Own Homes it is in

Roku’s ARPU has increased 1% in Q3 2023, driven by higher usage. However, US ad market remains weak and 75% of active Roku devices are in US. For compete with major FAST services, Roku launched The Roku Channel.Roku’s ARPU has increased 1% in Q3 2023, driven by higher usage. However, US ad market remains weak and 75% of active Roku devices are in US. For compete with major FAST services, Roku launched The Roku Channel.

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Roku Beats Wall Street Revenue Expectations, Sees Improvement in Ad Business

Roku shares surged 12% Wednesday due to better-than-expected revenue and its improved ad business, totaling $912M. Platform revenue saw an 18% YOY increase, mainly from increased advertisers. Video ads outperformed the market and linear TV. Netflix reported a net loss of $349.8M but expects positive EBITDA by 2024.Roku shares surged 12% Wednesday due to better-than-expected revenue and its improved ad business, totaling $912M. Platform revenue saw an 18% YOY increase, mainly from increased advertisers. Video ads outperformed the market and linear TV. Netflix reported a net loss of $349.8M but expects positive EBITDA by 2024.

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