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“#Roku stock plunges 25% as TVs become hard to find” Roku reported quarterly revenue that missed estimates, as the company was hit by supply chain issues that affected sales of television sets and its own streaming devices, sending shares down 25% in Friday afternoon trading. The company, which got a boost during the pandemic with people…
“#Glamorous, trendy Times Square hotel tower has new owners” A Natixis-led lenders group won control of 20 Times Square in a Jan. 26 public foreclosure auction when outside bidders failed to top their offer, Realty Check has learned. The brightly lit, 42-story tower at Seventh Avenue and West 47th Street is home to the marquee-name Times Square…
“#Roku to develop more than 50 shows over next two years” Roku plans to develop more than 50 original shows over the next two years in a bid to drive more customers to its Roku Channel, according to a report from the Wall Street Journal. The streaming service, which has roughly 155 million customers, has…
“#Apple quietly buys Roku remote button for struggling Apple TV+“ Apple TV+ is scrambling for new subscribers — and it’s quietly looking to an unlikely rival for help. Apple’s struggling streaming service, which it launched in November 2019, has bought a button on the Roku remote — a surprise tie-up with the popular streaming-stick maker that…
“#Roku, ViacomCBS shares rise on report that Comcast is eyeing deal” Comcast is looking for new ways to expand its streaming footprint — and Roku and ViacomCBS are possible acquisition targets, according to a report. Comcast chief executive Brian Roberts is “wrestling” with the idea to either “build or buy” to become a streaming giant,…
“#Roku claims ‘significant growth’ from shows acquired from Quibi” Roku said Friday that its slate of original programming, which it acquired from Jeffrey Kazenberg’s shuttered startup Quibi, has led to “significant growth.” Roku didn’t break out specific numbers, but said that since the Quibi shows — which star A-listers like Jennifer Lopez and Kevin Hart…
“#Saban Films to Stream Free on Roku Within 3 Months of Theaters – /Film” Saban and Roku have signed a new streaming deal. Several of Saban Films’ theatrical features will be available to stream for free on Roku Channel within three months of their theatrical release. The first movie to be included in the new…
“#Roku accuses Google of ‘anti-competitive’ demands over YouTube TV” Roku said it may force Google’s YouTube TV app off its video-streaming platform, alleging that the search giant is demanding “anti-competitive” and “unfair” terms for its YouTube and YouTube TV apps. Google’s demands include requests for preferential treatment for YouTube TV, its internet pay-TV service, as…
“#Quibi Shows on Roku Are Now Roku Originals – /Film” Remember Quibi? It was a magical streaming service where everything was very short! Also, it failed miserably. In January, Roku picked up the library of Quibi titles, but rather than keep the Quibi name, Roku is rebranding everything they purchased as Roku Originals. And thus I…
“#Roku to build up original shows after buying Quibi library” Roku is looking to beef up its original shows and movies after buying the library of the now-defunct Quibi mobile-video app. According to a January job listing, the streaming stick-maker was looking to hire a “lead production attorney” to work on its “expanding slate of…