Latest in Roku

After a day of public distribution drama last Friday, NBCUniversal’s Peacock has officially launched on Roku in the U.S.. The streaming service now has access to Roku’s 43 million active accounts. Comcast CEO Brian Roberts has estimated Peacock has been downloaded 15 million times but it should now get quite a few…

Roku and NBCUniversal have reached a milestone deal that will see Peacock, NBCU’s new streaming service, get distributed on Roku’s potent streaming platform in the coming weeks. The two companies had battled over the past 24 hours in an escalation of tensions that had continued dutring months of fruitless, on-and-off…

UPDATED at 2PM PT: Roku and NBCUniversal are back at the negotiating table with renewed hopes that a compromise can be reached, enabling Peacock to finally reach the large-scale streaming platform. The sense of optimism is such, according to those privvy to the discussions, that the threat that NBCUniversal’s TV…

The Dow reversed its losses for the year and the Nasdaq and S&P 500 hit records at close as investors saw a possible tempering of COVID-19 spread and liked a policy speech by the Federal Reserve chief the day before. Shrugging off continued high unemployment and the ongoing pandemic, the DJIA ended the week up 161.6…

UPDATED with closing prices. Roku stock rose 11% to near an all-time high after Citibank analyst Jason Bazinet initiated coverage of the streaming firm with a “buy” rating and an optimistic thesis. Netflix shares also jumped almost 12% on a Piper Sandler report indicating a high degree of subscriber loyalty. They…

Roku smashed Wall Street analysts’ consensus estimate for revenue in the second quarter, reporting a jump of 42% from a year ago to $356.1 million. Analysts had expected $315.4 million. The company now has 43 million active accounts, a rise of 41% over the same period in 2019. The Roku Channel, a key part of the…

Roku has established its position as a “strong gatekeeper” in streaming, poised to benefit from an influx in advertising, but it is also a small fish swimming in the vast ocean controlled by major tech firms. That’s the mixed signal from MoffettNathanson analysts Michael Nathanson, who initiated coverage of Roku with…

Further solidifying Peloton’s position in the media landscape, its subscription streaming app has become available via Roku in more than 40 million U.S. households. The news of the app deal helped push Roku’s stock up 10% Wednesday to a closing price of $128.39. Peloton shares, which went public in a high-profile IPO…

Roku made its case to advertisers in its first NewFronts presentation Monday, offering guarantees and flexible options to those looking to leverage its streaming platform. Now reaching more than 40 million U.S. homes, Roku has made a deft transition from its initial focus on hardware to a business today that is more…

Roku has added a live, on-screen program guide to its free, ad-supported Roku Channel, enabling it to more closely emulate the experience of watching linear TV. In addition to the guide, Roku is adding more than 30 new channels to the existing lineup of 100-plus viewing options that can be accessed via the Roku…

Disney is starting to recover from COVID-19, but it won’t be able to “jam people on pricing” at its theme parks anytime soon, hurting revenue, and may opt to “kill” the theatrical run of Mulan, according to Wall Street analyst Michael Nathanson. The MoffettNathanson partner joined colleagues Craig Moffett and Nick Del…

Roku has added CoComelon, the world’s most watched YouTube channel, to its fast-growing Roku Channel. The streaming deal with Treasure Studio takes CoComelon beyond YouTube for the first time. The brand delivers songs and videos that help preschoolers learn basics like letters, numbers, animal sounds and colors. It is…