Roku puts offices up for lease as streamer looks to cut costs
Roku is cutting down on some of its office space in the San Francisco Bay Area as part of a broader strategy to trim down on expenses.
Roku
Roku ($ROKU) is a developer of smart television operating systems and a manufacturer of streaming television devices. It also operates a free, ad-supported streaming service called the Roku Channel. The company is based in Northern California.
NYT’s Wirecutter pulls recommendation of Wyze cameras
The consumer publication Wirecutter says it will stop recommending Wyze surveillance cameras over a recent security incident.
On Capitol Hill, industry stakeholders discuss cable, streaming TV’s future
Representatives of the broadcast, cable television and streaming industries agreed current regulations are broken, but had different opinions on how lawmakers should fix them.
Roku launches “NFL Zone” on streaming devices, TV sets
Roku and the NFL have teamed up on a new streaming TV portal that aims to give football fans access to live games and related content.
Roku begins removing Quibi shows to cut costs
Roku has removed more than three dozen titles from its Roku Channel free streaming service as part of a broad cost-cutting move.
Roku to lay off hundreds of employees, remove some streaming content
Roku says it will lay off another 300 employees as it seeks to reign in costs amid a softening market for streaming hardware makers.
NBC brings more free content streams to Roku Channel
The Roku Channel is now serving up a handful of free, ad-supported streaming content channels from NBC Universal.
Roku Channel starts offering local news from CBS, Fox stations
The Roku Channel added dozens of CBS- and Fox-owned local news streams to its ad-supported platform this week.
Paramount executives open to more streaming bundles
Paramount is open to partnerships that will see its flagship streamer Paramount Plus bundled with other services, executives said on Monday.
Roku grows customer base to 73.5 million during Q2
Roku earned $847 million in net revenue during Q2, including $744 million in revenue from its platform business.
