#Roku to Lay Off 10 Percent of Staff, Take Charge of M-M for Removing Streaming Content

#Roku to Lay Off 10 Percent of Staff, Take Charge of $55M-$65M for Removing Streaming Content

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…

Read More
#The Roku Channel Launches on Google TV

#The Roku Channel Launches on Google TV

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…

Read More
#Lionsgate, Warner Bros. Discovery Among Top Hollywood Stock Gainers in First Quarter

#Lionsgate, Warner Bros. Discovery Among Top Hollywood Stock Gainers in First Quarter

Lionsgate, Warner Bros. Discovery and Paramount Global were among the hit Hollywood stocks of the first quarter of 2023, shaking off investor concerns about such industry challenges as record cord-cutting, getting streaming businesses to profitability and economic clouds darkening the advertising outlook, as well as recent stock market volatility due to the collapse of banks….

Read More