Roku announces free streaming service

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Roku recently exceeded their revenue expectations in the 2nd Quarter and earned $151 million against the $141 million predictions by analysts, Roku has announced that its ad-supported streaming service is now available on the web, for viewing on PCs, Tablets, and Smartphones. Prior to the announcement Roku’s services were available only to those who owned Roku TV or any other Streaming device.

So now, even the users without Roku devices can avail their services on web browsers and also some Samsung Smart TVs. The Roku channel includes content from the likes of Paramount, Sony Picture Entertainment, MGM, and Lionsgate. Roku channel also has a partnership with Popconflx, OVGuide, 123Movies and YuYu. It also contains a lot of older catalog contents like The Matrix, 50 first dates, Nacho Libre, and Wayne’s World 2.

You can start accessing the Movies, TV shows, and short videos, once you create a Roku account on Roku channel also provides a new feature on its platform where you are directed to various free content streaming services like Crackle, ABC, The CW, Pluto TV, and of course Roku channel itself. Free shows, movies will appear on the home screen, where if you select these tiles, it will take you to the associated streaming service where you can enjoy your service.

These free shows, movies will consist of ads, sometimes as many as you’d find while you are watching a cable TV. Roku service is similar to Apple’s TV app in that it puts a spotlight on the content itself rather than the network it is coming from. Studio Gunpowder & Sky today announced the launch of a new Sci-fi channel called ‘DUST’, which will be available on Roku channel from August 18th onwards.

The company is now looking to chart towards a $730 million revenue this year. In the 2nd quarter, the platform’s revenue went up 96% to $90.3 million, where setup boxes accounted for about $66.5 million, according to the latest reports.


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