Roku had a busy Tuesday leading up to its annual NewFronts presentation for advertisers, announcing an Olympics team-up with NBCUniversal as well as measurement and ad pacts with iSpot and The Trade Desk. The Olympics partnership comes with less than 100 days to go before the Paris Olympics kick off in July. NBCU’s streaming flagship, … Read more
Roku CEO Anthony Wood collected a total pay package of $20.2 million in 2023, according to the company’s latest proxy filing. Charlie Collier, the veteran former TV exec who now leads Roku Media, got $6.8 million. The tally was far below the $53.3 million he took home in 2022, with the bulk of that payday … Read more
Following a data breach earlier this year affecting 15,000 user accounts, Roku has revealed a much larger security episode. In a blog post Friday, the streaming giant said 576,000 user accounts had been affected in the second breach. Roku noted that its investigation had found that it was not responsible for the breach, which it … Read more
Two words in this statement popped out to me like a flying dinosaur in a mixed-reality headset: when possible. When I flagged this in a subsequent call, Roku reassured me that a fix for my issue will happen. In the worst-case scenario, if the problem won’t be solved in the next OS, sufferers will be … Read more
Roku edged Wall Street expectations for revenue and matched them on the bottom line, also reporting it hit 80 million active accounts by the end of 2023. Revenue in the fourth quarter, which ended December 31, came in at $984.4 million, better than the Street’s consensus estimate of $964.2 million. The loss of 55 cents … Read more
Roku was a champ. Lionsgate surged and Netflix jumped. Tech shares went bananas in 2023. Big media stocks had a mixed year of transition dominated by Hollywood strikes with linear television declines and streaming losses. Paramount fell. Disney and Fox were basically flat on the year. Giants Comcast and Sony, which both have other businesses … Read more
