'The Roku Channel Is Now Streaming On Google TV' - The Verge
Portfolio Pulse from Benzinga Newsdesk
Roku's free streaming app, The Roku Channel, is now available on Google TV and other Android-powered TV platforms. The app, which provides subscription-free TV shows and movies, reached over 100 million people in the US by the end of last year. The Roku Channel is part of the rapidly expanding FAST (free ad-supported streaming television) segment, competing with platforms like Pluto TV, Amazon Freevee, Vizio WatchFree Plus, and Tubi.
July 12, 2023 | 3:03 pm
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POSITIVE IMPACT
Google could benefit from the addition of The Roku Channel to its Google TV platform, potentially attracting more users.
The addition of The Roku Channel to Google TV could potentially attract more users to the platform, given the popularity of the app. This could have a positive impact on Google's stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Roku's expansion to Google TV and other Android platforms could potentially increase its user base and strengthen its position in the FAST segment.
Roku's expansion to Google TV and other Android platforms could potentially increase its user base, given the popularity of these platforms. This could strengthen Roku's position in the rapidly expanding FAST segment, which could have a positive impact on its stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100