• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
  • About
  • Contact
  • Subscribe
  • Advertise
methodshop

methodshop

tech news, reviews & how to's

  • Trending
  • Latest Stories
  • Fun
  • Culture
  • Learn
  • Tech
  • Search
You are here: Home / Technology / Roku On Track To Become A Billion-Dollar Company in 2019
Roku Connected TV
Photo elements via Free-Photos on Pixabay

Roku On Track To Become A Billion-Dollar Company in 2019

While Apple and Amazon battle for market share in the Connected TV space, Roku announced that they expect to hit a billion milestone sometime in 2019.

February 25, 2019 by Joe Michaels
Facebook0Tweet0Pin0LinkedIn0

While Apple and Amazon battle for market share in the Connected TV space, Roku is quietly growing into a billion-dollar company. Roku announced that they expect to hit the milestone sometime in 2019. From their impressive stock performance to international growth strategy, here are some Roku growth highlights.

Roku User Growth & Revenue

Roku stock is off to a strong start already this year. The company is beating Wall Street estimates and showing steady user growth, content consumption and profits.

Roku Stock (2019)
Roku stock snapshot: 52-wk high $77. 57; 52-wk low $26. 30 (feb 25, 2019)

Roku’s year-over-year (YoY) growth in active users between 2017 and 2018 is up 40%. Streaming hours are up 69%. And most importantly, Roku revenue growth is projected to be $262M, 14 million higher than Wall Street’s estimates.

Roku’s Advertising Revenue

Roku estimates that 1 in 5 US households now own a Roku device. Furthermore, Roku’s streaming TV market share is now bigger then Apple TV and Amazon Fire TV combined. And as more users embrace streaming TV, Roku has found a profitable way to drive channel discovery. Roku enables brands to purchase ads in the Roku user interface at a $40 CPM. These ads help brands promote their Roku channels. As a result, Roku has quadrupled its platform revenue from $100M in 2016 to $400M in 2018.

Roku Growth: International Opportunities

With a very strong foothold in the United States, Roku is now looking for international growth opportunities. The US market is getting very crowded, very fast. NBC, Disney, AT&T, and Viacom among others are all planning to launch streaming products in the United States. To help reduce their risk and increase Roku subscriber growth opportunities, the company is investing internationally. Since launching its international growth efforts in 2018, the company now has 27M active accounts outside the US.

 

Related Posts:

  • Dollar Hits New Lows Vs. Euro, Pound
    Dollar Hits New Lows Vs. Euro, Pound
  • Have You Seen The $1 Million Dollar Remote For Sale On Amazon?
    Have You Seen The $1 Million Dollar Remote For Sale…
  • Social Experiment: Do You Have a Dollar?
    Social Experiment: Do You Have a Dollar?

Facebook0Tweet0Pin0LinkedIn0
Category: Technology, Apps, News, Software, TV & Film Tag: Amazon, Apple, AT&T, Connected TV, Disney, NBC, Roku, Viacom
Previous Post: « eBay How To Enable eBay Vacation Mode And Put Listings On Hold While You’re Away
Next Post: Why Crossing An Icy Creek On A Ladder Is A Really Bad Idea Crossing An Icy Creek On A Ladder Is A Really Bad Idea »

Sidebar

Trending Now

  • 20 Famous People Who Are Members Of The Sleepless Elite20 Famous People Who Are Members Of The Sleepless Elite
  • 7 Pictures Of Naked People Captured By Google's Cameras7 Pictures Of Naked People Captured By Google’s Cameras
  • The 30 Best Caddyshack Quotes That'll Make You LaughThe 30 Best Caddyshack Quotes That’ll Make You Laugh
  • Controversial Nimbus 2000 Vibrating Harry Potter Broomstick Has Parents In An UproarControversial Nimbus 2000 Vibrating Harry Potter Broomstick Has Parents In An Uproar
  • 5 Easy Elevator Hacks That Will Help Give You An Express Ride5 Easy Elevator Hacks That Will Help Give You An Express Ride
  • How To Easily Create A PayPal Shipping Label Without InvoiceHow To Easily Create A PayPal Shipping Label Without Invoice
  • 7 Reasons Why A Team America 2 Sequel Will Never Get Made7 Reasons Why A Team America 2 Sequel Will Never Get Made
  • What Is Kindle X-Ray And How To Use This Amazing Content EnhancementWhat Is Kindle X-Ray And How To Use This Amazing Content Enhancement
  • 60 Funny Diaper Messages That Will Make Parents Laugh60 Funny Diaper Messages That Will Make Parents Laugh
  • 30 Of The Best Goonies Quotes30 Of The Best Goonies Quotes

Categories

COLD Podcast & Amazon Music

The COLD Podcast Gets Scooped Up In Exclusive Distribution Deal With Amazon Music And Has Been Optioned As A TV Series

Gina Carano Fired Poll

Was Disney Right To Fire Gina Carano From The Mandalorian?

After months of posting controversial messages on social media mocking pronouns supporting trans people, the 2020 election, face coverings, and Covid-19 lockdowns, The Mandalorian star Gina Carano got fired for her Instagram post about Jews in Nazi Germany that went too far for Disney.



About

MethodShop’s mission is to entertain, inform, and sometimes gross you out. MethodShop has affiliate relationships, so we may get a small share of the revenue from your purchases. Items are sold by the retailer, not by us. All prices are subject to change.

Latest

The Sunbather by Ohad Meromi

The 25 Weirdest Statues And Sculptures From Around The World

Perseverance Mars Landing Photos

This Incredible Midair Photo Shows The Perseverance Mars Landing From Above

Follow

MethodShop Animated Zoom Icon
  • About
  • Submit
  • Disclaimer
  • Privacy Policy
  • Contact
  • Subscribe
  • Store

Copyright © 2021 MethodShop · All Rights Reserved · Powered by BizBudding Inc.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

SAVE & ACCEPT