LOS GATOS, Calif.--(BUSINESS WIRE)--Roku, Inc. (Nasdaq: ROKU) today announced that The Roku Channel, an AVOD app, is expected to be available this summer on select Samsung smart TVs. Launched late last year, The Roku Channel is already a top #20 channel on the Roku® platform offering consumers hundreds of Hollywood hit movies and TV shows.
“The Roku Channel has been a tremendous success giving our customers the free content they desire,” said Scott Rosenberg, GM of Platform Business at Roku. “By broadening our distribution of this app to other viewing platforms such as Samsung, the #1 TV maker in the U.S., we are able to engage millions more consumers with free ad-supported entertainment.”
The Roku Channel features quality films from leading studios and content partners. Samsung customers will enjoy award winners and big screen classics, whenever they want at no cost. There are no subscriptions, fees or logins required to access The Roku Channel. It is ad-supported and features approximately half the advertising per programming hour as compared to traditional linear TV.
About Roku, Inc.
Roku pioneered streaming to the TV. We connect users to the streaming content they love, enable content publishers to build and monetize large audiences, and provide advertisers with unique capabilities to engage consumers. Roku streaming players and Roku TVTM models are available around the world through direct retail sales and licensing arrangements with TV OEMs and service operators. Roku is headquartered in Los Gatos, Calif. U.S.A.
Cautionary Statement Regarding Roku Forward-Looking Statements
This press release contains “forward-looking” statements that are based on our beliefs and assumptions and on information currently available to us on the date of this press release. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. These statements include, but are not limited to predictions on the timing and availability of The Roku Channel on any other television platforms or our ability to engage additional customers. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future. Important factors that could cause our actual results to differ materially are detailed from time to time in the reports Roku files with the Securities and Exchange Commission, including our Form 10-K for the quarter and year ended December 31, 2017. Copies of reports filed with the SEC are posted on Roku’s website and are available from Roku without charge.
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