In The News

Roku Swings to Second-Quarter Loss on Slower Ad Spending

July 27, 2022

San Jose, Calif.-based Roku is the nation’s largest maker of streaming hardware—accounting for about 37% of the U.S. market, according to Parks Associates—but it derives most of its revenue from advertising: It sells all ads viewed on The Roku Channel, its own streaming service, and also sells some ads that appear on other streaming services viewed on Roku devices.

From the article "Roku Swings to Second-Quarter Loss on Slower Ad Spending" by Patience Haggin and Denny Jacob.

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Roku Swings to Second-Quarter Loss on Slower Ad Spending

Previously In The News

Netflix saw subscribers drop post-lockdown. But Disney+ might not face the same fate

Finding OTT's Tipping Point: Three Factors Could Push It Past Pay-TV Subscriber Totals

On Hunt for Content, AT&T Closes Deal for Chernin’s Otter Media

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

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