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

Previously In The News

Subscription Fatigue Growing as Churn Rate Hits 47%; Price Considerations Most Common Reason

Stream TV or Pay for Cable: Which Is the Better Choice?

Parks Associates Survey Finds 33% of Security Dealers Considered Selling Their Businesses

Best Practices for Easing Security Concerns Around Smart HVAC

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