Tech

Roku Net Revenue Tops $1.25 Billion, But Revenue From The Sale of Roku TVs & Roku Players Fell As Subscriptions & Advertising Jumps

29 days ago ยท Luke Bouma ยท Cord Cutters News ยท 22 views
Roku Net Revenue Tops $1.25 Billion, But Revenue From The Sale of Roku TVs & Roku Players Fell As Subscriptions & Advertising Jumps
The Thrifty Streamer Take
What this means for your streaming budget
The latest financial reports from Roku Inc. are in, and they're showing a promising trend for the company's streaming platform business - but what does this mean for us, the budget-conscious streamers? On one hand, it's heartening to see revenue top $1.25 billion, indicating growth and expansion of their ecosystem. However, we must also consider the decline in device sales (Roku TVs & players) alongside this upward trend.

This decline is worth noting because, for those who have invested in a Roku TV or player, that means a potential hit to their upfront costs - although some existing customers might find themselves able to enjoy more free services and apps through The Roku Channel. To make the most of your streaming budget, consider rotating subscriptions: instead of committing to an expensive ad-free option on Netflix, for instance, you could opt for a basic plan on Hulu or Amazon Prime Video.

Roku's financial performance is also worth considering in light of rising subscription fees across various platforms - a trend that might have you rethinking your monthly streaming bill. With the current surge in advertising revenue (likely due to Roku's expanded user base), it seems this trend won't be slowing down anytime soon; however, it does mean consumers are more likely to see higher prices for individual services going forward.

Read the Full Article

This story was originally published on Cord Cutters News.

Read Full Story on