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Roku's Quarterly Revenue Hits High After Passing 50 Million Active Accounts

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hollywoodreporter.com
hollywoodreporter.comhollywoodreporter.com:

Roku had more than 51 million active accounts at the end of 2020, a year in which it flexed its muscle as a distribution platform with new streaming services.

That marks a 39 percent increase in accounts for the company, which makes connected TV devices on which it operates a streaming video platform.

Roku users streamed 17 billion hours during the final three months of the year, an increase of 55 percent year-over-year. During the period, Roku added HBO Max to its third-party channel lineup.

The company had been locked in negotiations with HBO Max-owner WarnerMedia but was able to work out a deal ahead of the release of Wonder Woman 1984 on the direct-to-consumer service.

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