3 Reasons Roku Will Keep Growing Faster in 2021

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3 Reasons Roku Will Keep Growing Faster in 2021

Motley Fool2021-06-14

Roku's (NASDAQ:ROKU) active accounts and streaming hours exploded in 2020 amid the coronavirus pandemic, and its outlook for 2021 is still strong. In Roku's first-quarter letter to shareholders, ...

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Comment（11）

arijit
·2021-06-14
Very costly as of now
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Joash
·2021-06-14
?
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T_TS
·2021-06-14
oh wow
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车厘子tomato
·2021-06-14
like and comment
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3
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- MJJJJ:
  ok
  2021-06-14
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Khoo12
·2021-06-14
Hmm
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maddiericola
·2021-06-14
Really? Please like and comment
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5
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- MJJJJ:
  ok
  2021-06-14
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Poggki
·2021-06-14
What's roku
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4
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Leira
·2021-06-14
Streaming is taking over movie theatres
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xaxo
·2021-06-14
Good
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oyzheng
·2021-06-14
Good read
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2
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YWSee
·2021-06-14
Wow
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In Roku's first-quarter letter to shareholders, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/13/3-reasons-roku-will-keep-growing-faster-in-2021/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ROKU","symbol_name":"Roku Inc","start_time":0,"source_url":"https://www.fool.com/investing/2021/06/13/3-reasons-roku-will-keep-growing-faster-in-2021/","article_id":"2143785982","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2143785982","pubTimestamp":1623651978,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"The streaming video platform company has long-term tailwinds.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ROKU":"Roku Inc"},"translate_title":"2021年Roku将保持较快增长的三大理由","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ROKU":0.9},"content_text":"Roku's (NASDAQ:ROKU) active accounts and streaming hours exploded in 2020 amid the coronavirus pandemic, and its outlook for 2021 is still strong. In Roku's first-quarter letter to shareholders, management wrote, \"we expect net adds of both active accounts and streaming hours to be above pre-COVID-19 levels.\" Management also anticipates an uptick in streaming hours per account over 2020.\nHere are three reasons management is so confident about the company's continued growth even as more out-of-home entertainment options become available again.\nImage source: Roku.\n1. New streaming services\nSeveral high-profile streaming services entered the market in late 2019 and 2020. However, Comcast's Peacock and AT&T's HBO Max didn't actually show up on Roku devices until late last year.\nOn top of that, Discovery launched Discovery+ at the start of this year, and a CNN+ streaming service could be in the works as well.\nThis summer, Peacock will stream a large amount of Olympic Games content, which could boost its popularity and draw more users to Roku devices. 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In Mexico, it's No. 2, and has the top-licensed smart TV OS.\nRoku has an additional advantage in international markets: Viewers in those markets are more prone to engage with ad-supported content versus subscription services. Those services are a bigger focus for Roku than they are for its competitors, and The Roku Channel gives it an additional leg up. That streaming service is currently available in Canada and the U.K., as well as the U.S.\nAs Roku continues to establish itself in international markets like the U.K. and Brazil, it's well-positioned for strong account growth even compared to a couple of years ago.\n3. The continued shift in media consumption patterns\nRoku operates under the assumption that all TV will become streaming media. That said, Americans spent an average of 3.5 hours per day watching traditional TV in 2020, according to an estimate from eMarketer. The analysts expect TV viewing to decline by 16 minutes per day this year, and about half of that time will be shifted into consuming media on connected devices and platforms like Roku's.\nTwo factors are driving the decline in traditional TV viewing. First is a shift among cable subscribers from watching linear TV to viewing more on-demand streaming content. Second, and more importantly, cord-cutting is on course to accelerate in 2021, and that trend is forecast to continue throughout the decade. Those trends should combine to produce a sustained shift in viewership from traditional TV to streaming programming.\nAlso, in 2021, U.S. audiences are likely to have less interest in news programming -- absent a raging pandemic and a presidential election -- and more interest in entertainment, which is best served via streaming. That should produce greater engagement among Roku users regardless, but when you factor in the increased number of streaming options, average engagement on Roku should still climb compared to 2020. Add in the potential for strong international growth, and 2021 should be another year of rapid growth in users and engagement for Roku.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":185568687,"gmtCreate":1623660709449,"gmtModify":1704208035179,"author":{"id":"3585027190392565","authorId":"3585027190392565","name":"arijit","avatar":"https://static.tigerbbs.com/61ad901d6d5ea07e5863e4477cf49f2a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585027190392565","authorIdStr":"3585027190392565"},"htmlText":"Very costly as of now","listText":"Very costly as of now","text":"Very costly as of 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Please like and comment&nbsp;","listText":"Really? Please like and comment&nbsp;","text":"Really? Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/185286896","repostId":2143785982,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4744293,"gmtCreate":1623654948941,"gmtModify":1635322357059,"authorId":3578394491988683,"author":{"id":3578394491988683,"idStr":"3578394491988683","authorId":3578394491988683,"name":"MJJJJ","avatar":"https://static.itradeup.com/news/6b2be3f8d55383c679a9c600c13bd52a","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 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roku","listText":"What's roku","text":"What's roku","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185281949","repostId":2143785982,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":185289350,"gmtCreate":1623653199970,"gmtModify":1704207880553,"author":{"id":"3574670459862914","authorId":"3574670459862914","name":"Leira","avatar":"https://static.tigerbbs.com/c093de36b9faf1e806c55a60e221cb74","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3574670459862914","authorIdStr":"3574670459862914"},"htmlText":"Streaming is taking over movie theatres","listText":"Streaming is taking over movie theatres","text":"Streaming is taking over movie 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