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Roku Q1 Results Show Benefits Of Streaming Price Hikes
Roku posted solid first-quarter financials, with positive results in several key metrics illustrating the benefits of price inflation in streaming.
Roku posted solid first-quarter financials, with positive results in several key metrics illustrating the benefits of ongoing price inflation in the streaming sector. Proceeds from streaming services distribution grew faster than overall Platform revenue, which the company chalked up in part to price increases for subscription-based apps. “Live sports are still accelerating the shift of viewers from traditional TV to streaming,” executives noted in their quarterly letter to shareholders, with that demand helping drive sign-ups via Roku.
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