Latest in Roku

In a move that will bolster Roku’s advertising capabilities, the streaming company has acquired Nielsen’s Advanced Video Advertising unit. Terms for the deal were not disclosed. A person familiar with the transaction described it as “not material” to the overall business of Roku, whose market value is $53 billion…

Showbiz shares sparkled Monday, starting off March with a major market rally around reopening, another vaccine rollout, a stimulus bill and a combo of upbeat earnings and streaming forecasts. Johnson & Johnson’s vaccine, the nation's third, will ship this week and the possibility of $1.9 trillion flowing into the U.S…

Roku continues to ride the streaming wave. The company reported fourth-quarter results ahead of Wall Street expectations as revenue shot up 58% from a year ago to just shy of $650 million. Income from operations swung from a loss of $17.4 million in the year-earlier quarter to a profit of $65.2 million, or 13 cents a…

IMDb TV, Amazon’s free and ad-supported streaming service, is now available as its own app on Roku platforms in the U.S. after the companies reached a distribution deal. Users of smart TVs with the Roku interface or Roku connected devices will be able to access IMDb as an app on the main platform. In addition, it will…

UPDATED with stock uptick. In its biggest original programming foray to date, Roku has bought exclusive global distribution rights to the portfolio of Quibi, the recently shuttered mobile-only streaming venture fronted by Jeffrey Katzenberg. The acquisition covers most of the Quibi library, but some daily news shows…

Roku reached 51.2 million active accounts by the end of a streaming-besotted 2020, rising from 36.9 million by the end of 2019 and 13.4 million in 2016. Describing the global numbers as “preliminary estimated data,” the tech firm said it facilitated 17 billion streaming hours in the fourth quarter and 58.7 billion…

Roku and Amazon Fire TV, the two key gateways for streaming in the U.S., have been confirmed among the many distribution partners for the rollout for Discovery+. The major new initiative by Discovery goes live in the U.S. today and will expand globally throughout 2021. At $5 a month ($7 for an ad-free version), the…

Quibi’s vast library of short-form content may have found a new home. According to the Wall Street Journal, Roku is nearing a deal to buy the content catalog of Quibi, the short-form mobile streaming platform launched by Jeffrey Katzenberg and Meg Whitman that launched in April 2020 before shuttering in December. The W…

A word for stocks in 2020: epic — as in monumental, as a bona fide crash in the spring alternated thereafter with convulsions of angst and optimism reflecting a world turned upside down by the first global pandemic in a century. Major indexes from the Dow Jones to the Nasdaq, S&P 500 and Russell 3000 ended the year at…

Media and entertainment stocks sank Monday as the market shrugged off both a long awaited stimulus package that included $15 billion for arts and culture and the global march of vaccinations, focusing instead, and again, on virus fears after health officials in Britain revealed a new strain of the coronavirus said to…

WarnerMedia and Roku have finally reached a deal for HBO Max, bringing the subscription streaming outlet to Roku’s 46 million active accounts and filling a key distribution gap ahead of a string of Warner Bros film releases. Along with Amazon Fire TV, Roku has emerged as a gatekeeper of streaming, benefiting from a…

Outages hit Amazon's cloud service Wednesday, impacting multiple apps and sites, the company said, from Roku to Adobe, Flickr, Twilio, Tribune Publishing and Amazon's own smart security division Ring, in its region covering the eastern U.S. "While features of multiple services are impacted, some services have seen…