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Fox has completed its $22 billion acquisition of Roku, wrapping up one of the biggest media deals in recent years and giving the company a major boost in the streaming and connected TV space. Announced Friday, the deal brings the streaming company founded in 2002 formally under Fox’s ownership. Fox says the combined company now…
Roku’s latest streaming bet is off to a solid start. Its affordable subscription service, Howdy, has now passed 1 million subscribers, according to data from research firm Antenna. This is a notable milestone for a platform that’s still pretty new, and suggests that it’s striking a chord with viewers who are tired of paying for…
At CES 2026, Anthony Wood, Roku’s founder, chairman, and CEO, offered a hint about the future of the company’s newest streaming channel, Howdy, and its ambition to become a broader competitor in the market. Launched last August, the $2.99 per month streaming service offers ad-free access to library content, at a time when rival streamers…
Roku beat Wall Street expectations for its third quarter and said it will stop giving quarterly updates on the number of streaming households, and average revenue per user, starting in the first quarter of 2025. “Since our IPO in 2017, the streaming industry has evolved meaningfully, with Americans now spending significantly more TV time streaming…
The streaming platform Roku has suffered a data breach, with more than 15,000 accounts compromised. The company — which has more than 80 million active accounts — revealed the breach in filings with the state attorney generals of Maine and California Friday. The filings indicate that 15,363 accounts were compromised between December 28, 2023 and…
Shares of Roku soared 12 percent in after hours trading Wednesday after the company beat Wall Street revenue expectations and saw improvements in its advertising business. The company reported total net revenue of $912 million, up 20 percent year-over-year. Platform revenue at Roku, which is primarily generated from ads, has also been increasing, reaching $787…
Roku is laying off another 10 percent of its staff and taking charges for additional restructuring moves, the company unveiled in a regulatory filing on Wednesday. It cited a “continuing evaluation of its operations” that led it to determine “to implement additional measures to continue to bring down its year-over-year operating expense growth rate by…
The Roku Channel is now available on Google TV and other Android TV OS devices, the company said Wednesday. Previously, the Roku Channel, the streaming device and platform’s free entertainment channel, had only been available on Roku devices, Fire TV, Samsung TVs, the Roku mobile app and online. This is the latest expansion for the…
Roku pared down its operating losses in the first quarter of 2023 to $212.5 million, after several quarters of growing losses. This is an improvement from its Q4 operating losses of $249.9 million, and comes after Roku had set out a plan to tighten expenses moving forward, with a plan to reach positive adjusted earnings…
The WWE is expanding to another platform. The sports entertainment company, which on April 3 unveiled plans to merge with Endeavor’s UFC, is producing a new docuseries called WWE: Recruits for The Roku Channel, with WWE legend John Cena set to produce and appear in the eight-episode series. WWE: Recruits will follow a group of…