Roku expands its TV licensing program to Europe – gpgmail


Roku TV today represents more than 1 in 3 smart TVs sold in the U.S. Now, the company is bringing its TV licensing program to European markets. At the consumer tech show IFA in Berlin, Roku announced it will now allow manufacturers to license its TV reference designs and use its Roku OS to build smart TVs for sale in Europe. It also said Hisense would be its first European Roku TV partner.

Today, the connected TV market is no longer limited to just the dongles, sticks, and streaming media players that plug into the HDMI ports of consumers’ TV sets.

Top companies like Roku, Google and Amazon are also making their operating systems and reference designs available to TV makers themselves, in a battle to gain consumer market share. Apple has been rumored to be working on its own television set powered by tvOS, as well.

Roku, to date, done well on this front in its home market, after first introducing the Roku TV platform at the Consumer Electronics Show in 2014. Hisense was then one of its first partners on the effort. Fast-forward to 2019, and there are now over 100 models available from over 10 brands in North America, and the company estimates that Roku TV is now the No. 1 selling smart TV OS in the U.S.

Roku isn’t alone in targeting Europe with its TV platform. Amazon this week announced more than 20 new Fire TV devices, 15 of which were TVs licensing its Fire OS. Many of these were also aimed at European consumers through partnerships with local brands and retailers.

The new Hisense Roku TV models will support 4K Ultra HD resolutions and HDR, and will come in sizes ranging up to 65 inches, Roku says. The models will launch in the U.K. in the fourth quarter.

“While consumers love Roku TV’s simplicity and advance features, TV manufacturers benefit from the low manufacturing cost, a variety of technology options, and support from Roku,” said Roku CEO and Founder Anthony Wood, in a statement. “The ability to quickly bring to market a leading smart TV experience that is regularly updated by Roku and is packed with entertainment gives TV manufacturers an edge in the competitive TV business. We are pleased to bring the Roku TV licensing program to Europe and look forward to the first Hisense Roku TVs in market this year,” he said.

 


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Roku expands its free, live TV selection with 5 more channels, including fubo’s Sports Network – gpgmail


The Roku Channel continues to expand beyond ad-supported movies and premium subscriptions, with today’s announcement of the addition of several more live TV channels available to anyone with a Roku streaming device or Roku TV. The company says today it’s adding five free live TV channels to this offering, including most notably, fubo’s Sports Network.

The fubo Sports Network is streaming service fuboTV’s first-ever TV channel designed for distribution outside its own platform.

Soft-launched this June, fubo produces content for the channel, including original programming, event coverage, behind-the-scenes, and other exclusives. The network is already available to a few streaming platforms, including XUMO, Samsung TV Plus, and LG Channels (powered by XUMO.)

However, distribution to Roku’s popular entertainment hub is a big win for the new channel, given that Roku is now the top streaming device platform in the U.S., with a 39% share of streaming boxes and sticks and a 33% share of smart TV operating systems.

Other new networks arriving to The Roku Channel today include the ACC Digital Network, USA Today, Now This (news), and Comedy Dynamics.

In addition, The Roku Channel now offers the Sports Illustrated streaming service, SI TV, to any interested subscribers through its Premium Subscription lineup.

Roku has been rapidly expanding its Roku Channel hub since it first launched in September 2017 with a focus on free, ad-supported movies — similar to Vudu’s “Movies on Us” or Tubi, for example. But shortly after, the channel began to roll out more content like news, sports, TV shows, and other entertainment offerings both from traditional studios and digital networks. This pushed the channel to become one of the most-watched on its platform.

And this year, Roku launched its own premium subscriptions alongside its free content, allowing The Roku Channel to become not just the place to find free entertainment, but where you tune in to your favorite shows as well. Today, its paid lineup includes top premium networks like HBO, Cinemax, Showtime, Starz, EPIX, and many others.

The decision to invest in its own content hub gives Roku a powerful selling point for its devices — and that appears to be paying off with consumers and in terms of the company’s bottom line.

Roku recently closed out its second quarter with 30.5 million active accounts, up by 1.4 million from the prior quarter, and average revenue per user up from $19.06 in Q1 to $21.06 in Q2. Revenue was also up 45% year-over-year to $252.5 million.

 


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