Roku, Inc. engages in the provision of a streaming platform for television. It operates through the Platform and Devices segments. The Platform segment includes digital advertising and related services including the demand-side platform and content distribution services such as subscription and transaction revenue shares, media and entertainment promotional spending, the sale of premium subscriptions, and the sale of branded channel buttons on remote controls. The Devices segment is involved in the sale of streaming players, audio products, smart home products, and accessories that are sold through retailers and distributors, as well as directly to customers through the company’s website. The company was founded by Anthony J. Wood in October 2002 and is headquartered in San Jose, CA.
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The rumor mill was hard at work on Tuesday, grinding out some hot goss about the possibility of a big M&A deal in the streaming-verse.
Roku is angling to add a Starz to its portfolio in the hopes that Lions Gate content will help it come out on top in the increasingly competitive streaming wars.
Another day of earnings, another streaming company struggling with subscribers.
Streaming media company Roku gets investors wishing they could fast forward through its rocky earnings report.
Roku investors are looking for the triage tent after prices take a hit from a strong streaming opposition.
Streaming giant Roku has investors switching channels after a patent battle gets messy.
Investors are tuning in as streaming service Roku resigns its multi year deal with Google.
Shares of Roku closed Wednesday up 4.5% on the back of rumors that telecoms giant Comcast is considering a deal.
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