Roku Earnings Outperform Street Estimates Despite Headwinds

Roku grew streaming households to 81.6 million globally in Q1, a 14 percent gain year-over-year, according to the company. Revenue was up 19 percent to $881.5 million. Streaming hours were up 23 percent to 30.8 billion, but guidance that rival ad-supported streaming platforms could hinder further growth this year dinged the strong quarterly results, sending shares down 3 percent in after hour trading last week. Claiming a position as “the No. 1 selling TV OS in the U.S. and Mexico,” Roku said the Roku Channel was No. 3 on the platform “by both reach and engagement.” Continue reading Roku Earnings Outperform Street Estimates Despite Headwinds

Roku Unveils Tech to Show Ads on All TV Connected Devices

Roku has applied for a patent on technology that is said to be able to display ads over any device plugged into your television. According to reports, the patent application describes a system that interacts with devices connected to TVs via HDMI, which could include everything from cable boxes, DVD or Blu-ray players, game consoles, PCs or other video-streaming devices. The patent, filed by Roku in August 2023, was published three months later, but still hasn’t been granted. The idea is to have even more ways to display ads when consumers aren’t actively streaming content. Roku already does so on its screensaver and home screen. Continue reading Roku Unveils Tech to Show Ads on All TV Connected Devices

Roku Adds New Search, Sports, Music Features with OS 12.5

Roku TV and the Roku player are getting new features including better search and discovery to complement its more than 400 free live linear TV channels. The upgrades will begin rolling out with the introduction of Roku OS 12.5 in the coming weeks. Highlights include the ability to follow a favorite sports team, new music channels and the ability to link Roku’s Photo Streams image-based screensaver to a Google Photos account, so personal pictures can be displayed between viewing events. The changes are across a wide range of features targeting sports enthusiasts and others, including technical purists and casual viewers who need help finding entertainment options. Continue reading Roku Adds New Search, Sports, Music Features with OS 12.5

Viewers Are Struggling with the Growth of Streaming Options

Nielsen just released its 2023 State of Play report analyzing trends in streaming media based on data and insights provided by its content solutions business unit Gracenote. While it’s no surprise that audiences are faced with overwhelming choice — with nearly 40,000 individual FAST channels, streaming providers and aggregators to choose from — what is a stunner is that 20 percent of viewers, or 1 in 5, say that when they don’t know what to watch, even after browsing, they opt to end the TV session and find something else to do. According to Nielsen, viewers now devote about 10.5 minutes per TV session figuring out what to watch. Continue reading Viewers Are Struggling with the Growth of Streaming Options

Roku TVs, Unique Ad Units Drive Q2 Revenue Up 11 Percent

Roku’s Q2 earnings came with the news that it added 1.9 million new active accounts and became the top selling TV OS in the U.S., according to the company. Roku now touts more than 73.5 million active accounts on Roku Players and Roku TVs, and claims that its number of sets sold beat the next three manufacturers combined. The company posted Q2 revenue of $847.2 million, an 11 percent increase year-over-year, against a net loss of $107.6 million. Advertising-supported Platform sales were up 11 percent, to $744 million, despite continuing troubles sector-wide. Continue reading Roku TVs, Unique Ad Units Drive Q2 Revenue Up 11 Percent

Google TV Expands Free Live Channels and Revamps Guide

Google TV is launching a new TV experience with more than 800 free live TV channels across multiple providers as part of the smart TV operating system for Chromecast devices and various TVs. Included are news channels from NBC, CBS, ABC and FOX, along with stations featuring popular shows like “The Walking Dead,” “Westworld” and “Law & Order: SVU.” New streaming channels Tubi, Plex and Haystack News will be integrated and showcased in a redesigned Live tab programming guide. The new content will be positioned alongside Google TV’s existing channel lineup from free streamer Pluto TV. Continue reading Google TV Expands Free Live Channels and Revamps Guide

Roku Partners with Walmart on Line of Smart Home Products

Roku is expanding into smart home products in partnership with Walmart. Roku Smart Home features security cameras, smart lights, video doorbells, and voice-enabled smart plugs. A new Roku Smart Home mobile app and subscription-based security camera service will help keep everything running. The move makes Roku an upstart competitor to Amazon and Google in the connected home space. Roku Smart Home offerings are compatible with Google Assistant and Amazon Alexa in addition to Roku Voice. Roku TVs and streaming players will display video feeds from the Roku security cameras. Continue reading Roku Partners with Walmart on Line of Smart Home Products

Conviva: Streaming Growth Surges in Asia and Latin America

Streaming analytics firm Conviva reports that the global streaming market grew 14 percent in Q2 2022 as compared to the same period last year. Asia and Latin America drove the growth, vaulting 90 percent and 70 percent, respectively. The quarterly Conviva State of Streaming Report noted that North America, the most mature streaming market in the world, grew a modest 5 percent year over year. “As the global streaming industry matures, streaming success is getting more complicated,” Conviva reports, citing as factors device fragmentation and heightened quality expectations in an increasingly ad-supported streaming world. Continue reading Conviva: Streaming Growth Surges in Asia and Latin America

8K Slow to Take Hold in Homes but Transforming Production

At NAB 2022 in Las Vegas, 8K sets hinted at a home viewing revolution. With 16 times the resolution of HD and four times the 4K screens currently in about 44 percent of U.S. households, the 8K experience represents a leap in immersive viewing. Sony, LG and TCL have been selling 8K sets, but globally only 1 million were purchased. But there are ways 8K is being put to use today to benefit a variety of end-use cases. Virtual production and virtual reality are two instances where content displayed in 4K or HD still benefits from the higher-resolution capture, while 8K also offers added flexibility in post production. Continue reading 8K Slow to Take Hold in Homes but Transforming Production

ABC Announces Launch of 8 Local Streaming News Channels

ABC Owned Television Stations, a division of Disney, announced it is launching free 24/7 live and local streaming news services in the eight markets where its stations are located. As brand extensions of New York’s WABC, LA’s KABC, San Francisco’s KGO, Fresno’s KFSN, Philadelphia’s WPVI, Chicago’s WLS, Houston’s KTRK and Raleigh-Durham’s WTVD, the streaming news channels will serve local news and weather, breaking news and lifestyle stories from ABC’s multiplatform Localish as well as exclusive content. The streaming channels will be available via websites, mobile apps, Roku TV, Apple TV, Amazon Fire TV, Android TV and more. Continue reading ABC Announces Launch of 8 Local Streaming News Channels

CES: TCL 8K QLED X925 Pro Comes in a Very Thin Package

TCL, the No. 2 TV-maker in the world after Samsung, raised the curtain on a new flagship model at CES 2022. The X925 Pro is a super-thin, 85-inch, 8K Google TV powered by the company’s own flavor of Mini-LED, featuring OD-Zero technology. Measuring just 10mm thick — half that of some competing models — the 8K display has local dimming, QLED color, a built-in webcam for video chats, 120Hz refresh rate and, to make gamers happy, variable refresh rate (VRR). The Google TV OS enables hands-free “Hey, Google” voice commands. The X925 Pro touts numerous high-end touches and has a $10,000 price to match. Continue reading CES: TCL 8K QLED X925 Pro Comes in a Very Thin Package

Details Continue to Emerge on Disney+ Subscription Service

Disney is continuing to invest in its ESPN+ streaming service and expenses are mounting for the company’s upcoming Disney+ subscription offering as it finances productions such as the “High School Musical” series and exclusive “Star Wars” spinoff “The Mandalorian.” Shareholders learned yesterday that the company posted a quarterly loss for its direct-to-consumer division as a result, but that revenue increased 15 percent, beating Wall Street projections. Disney also announced yesterday that its blockbuster, record-breaking hit “Avengers: Endgame” will debut exclusively on Disney+ this December. Continue reading Details Continue to Emerge on Disney+ Subscription Service

Roku Expands Reach of Video Channel to the Web and Mobile

Earlier this month, streaming device maker Roku introduced The Roku Channel — its streaming destination for free, ad-supported movies and TV shows — to non-Roku devices for the first time. The rollout started on the web and select Samsung smart TVs, before plans for a wider cross-platform launch. In addition to updating the navigation for Roku players and Roku TVs to access free TV content, the company plans to bring its service to PCs, smartphones and tablets for those consumers who have not purchased Roku devices. Continue reading Roku Expands Reach of Video Channel to the Web and Mobile

CES 2018: Roku Debuts Licensing Program with OEM Partners

Roku debuted its Roku Whole Home Entertainment Licensing Program, which will partner with original equipment manufacturing (OEM) partners to integrate voice search and other entertainment-related features into smart soundbars and speakers. The options for the new licensing program includes Roku Connect, a free program for its OEM partners that will enable them to build high-end wireless speakers that both connect to the Roku ecosystem and synchronize multi-rooms. A logo will identify the speakers as part of the program. Continue reading CES 2018: Roku Debuts Licensing Program with OEM Partners

New TV Tech at CES to Include LG’s 88-Inch 8K OLED Display

At CES 2018, LG Display will show off its new 88-inch 8K OLED display, which now tops the previously largest and highest resolution OLED display, which was 77-inches and 4K. Much of the compelling technology at CES will be TV-related; such technologies as 4K, curved and bendable TVs, OLED, HDR and 4K Ultra HD Blu-ray Disc players have previously debuted at the consumer electronics confab. At CES 2018, 8K TVs will arrive in earnest, as well as evidence of trends such as voice control and premium HDR for LED TVs. Continue reading New TV Tech at CES to Include LG’s 88-Inch 8K OLED Display