Roku CEO explains why the company is launching its own line of TVs

is counting on its growing consumer base beyond 70 million customers as it launches its own line of televisions, CEO Anthony Wood told CNBC on Thursday.

Roku has sold hardware items in the past, like sound-amplifying devices and streaming players, though they have often been the money-losing parts of its business. Still, Wood is optimistic about selling the new TVs.

If Disney & Netflix have ad subscription options & apps are on ROKU, doesn't Roku get a cut of those advertising $? Seems like a win for Roku if more apps have ads & Roku gets a cut of ad $. JBoorstin

adrienne_paone

So Roku is an equipment manufacturer.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Roku Announces First Smart TVs Designed and Made by the CompanyRoku has spent eight years of working with partners to produce HDTVs powered by its streaming tech. Now the company is rolling into the category itself with the first line of exclusively Roku-brand… I love Roku - I've had my tv like 2 years but it's by Onn ..
Source: Variety - 🏆 108. / 63 Read more »