Roku users are streaming more video programming during the shutdown. The company, which makes set-top boxes and connected TVs, saw "an acceleration of growth" in both new accounts and streaming hours during the first quarter of the year.
Active accounts grew by 38 percent to 39.8 million since the same period last year, and streaming hours rose by 80 percent year-over-year to 13.2 billion. "The pandemic associated stay-at-home orders and increased unemployment appear to have accelerated the shift from linear TV viewing to streaming during the past few weeks," the company wrote Thursday in its first-quarter shareholder letter.
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