U.S. video streaming service Roku Inc reported a wider net loss in the third qua...
“Overall, we are excited about the launch of all of the new services coming to the industry and to our platform,” said Roku Chief Executive Officer Anthony Wood. “We have customers that want to watch premium services. We have customers that want to watch free content. We have customers that want to watch both. And so we think all those business models are supported on our platform.”
As the streaming video market has become more crowded, Roku has shifted its focus from device sales to advertising, which is now the company’s fastest-growing revenue stream.
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