• Subscribe
  • Advertise
    • Media Info
    • Terms & Conditions for Advertisers
    • Mechanical Data

Broadband TV News

Independent. Since 2003

  • Home
  • News Line
    • Central & East Europe
    • People
  • TV
    • On Demand/VOD
    • IPTV
    • Cable
    • Satellite
    • Terrestrial
    • Distribution
  • Business
  • Tech
  • Columns
    • Chris Dziadul
    • Julian Clover
    • Robert Briel
  • Events
    • Events Diary
    • BTN Events
    • Events Coverage
    • Submit the details of your event
  • Features
  • Resources
    • White Papers

Roku powering 1 in 3 Smart TVs

May 9, 2019 13.12 Europe/London By Julian Clover

Roku has delivered ‘better-than-expected’ financials, estimating that 1 in 3 of smart TVs sold during the first quarter were Roku units, making the Roku OS the #1 selling smart TV OS in the United States.

Revenues of $206.7 million, were up 51% year-on-year.

In its shareholders letter, the company said the shift to streaming and away from linear TV and legacy distribution platforms has enormous momentum.

Per household streaming grew to an average of roughly 3.5 hours a day per active account, representing nearly half of average U.U per-household daily viewing. However, the company said that an increase in streaming did not necessarily equate to a rise in ARPU.

According to eMarketer, Roku’s share of cord cutters increased to 45% this year from 37% in 2018.

The company has raised its total gross profit outlook to roughly $470 million, up from roughly $453 million previously.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related

Filed Under: Newsline Tagged With: Roku Edited: 9 May 2019 13:12

Avatar photo

About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on Twitter @julianclover, on Facebook or by email at jclover@broadbandtvnews.com.

Latest News

  • United Media promotes George Makris
  • Dmitry Limar to head Russia’s 2×2 channel
  • Chris Dziadul Reports: Focus on Hungary
  • Canal+ renews Premier League rights
  • Appear: IBC2023 round-up interview

Most Popular

  • RTS Cambridge: Sky CEO discusses IP move
    RTS Cambridge: Sky CEO discusses IP move
  • RTS Cambridge: Mike Fries moves to UK
    RTS Cambridge: Mike Fries moves to UK
  • RTS Cambridge: Culture Secretary launches study into future of TV distribution
    RTS Cambridge: Culture Secretary launches study into future of TV distribution
  • ZEE Entertainment launches FAST channels via Freeview
    ZEE Entertainment launches FAST channels via Freeview
  • Samsung TV Plus adds slate of sports channels
    Samsung TV Plus adds slate of sports channels

Free Ebook

Whitepaper: Why Wi-Fi 6 is Key for ISP Success

Wi-Fi 6 and Wi-Fi 6E client devices are entering the home in an unprecedented way, surpassing 50% market share since their introduction in 2019 (compared to four years for Wi-Fi 5). … [Download the eBook...]

Long Read

Dolby presents its Vision for pay-TV Operators

Facing challenges from all sides, pay-TV operators are in a struggle to maintain their dominance in the new world order of streaming services and smart TVs. Julian Clover speaks to Dolby’s Jason Power.

Broadband TV News

  • Subscribe
  • About us
  • Contacts
  • Logos & Pictures
  • Privacy Policy
  • Terms and Conditions

Advertising

  • Media Info
  • Terms & Conditions
  • Mechanical Data
  • Video Services

News

  • Latest
  • Central & East Europe
  • TV
  • Tech
  • Streaming
  • Cable
  • Satellite
  • Terrestrial
  • IPTV
  • Business
  • People

Events

  • Events Diary
  • BTN Events
  • Submit the details of your event
  • Media Meet & Greet

Broadband TV News

PO Box 499
Cambridge
United Kingdom
CB1 0AH
news@broadbandtvnews.com

Connect with Us

 

Copyright © 2023 Broadband TV News LLP · Log in

 

Loading Comments...