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Why Is Facebook Developing a “Portal Box” for TVs?

July 31, 2019

OTT

smart TV

set top box

The Motley Fool

Roku

Shifting into the set-top box market complements that strategy, since Statista Research estimates that 210.7 million set-top boxes will be shipped this year. But Facebook will arrive woefully late to that market -- Parks Associates estimates that Roku (NASDAQ:ROKU) and Amazon already control nearly 70% of the streaming device market in the U.S.

From the article "Why Is Facebook Developing a “Portal Box” for TVs?" by Leo Sun.

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About Parks Associates

Why Is Facebook Developing a “Portal Box” for TVs?

Previously In The News

Password sharing denies streaming services $9 billion in fees

Apple earnings could offer clues on streaming performance

The Streaming Era Has Finally Arrived. Everything Is About to Change.

The U.S. has nearly 300 OTT services to choose from

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