Roku Has Strongest Quarter Ever As Viewers Flock To Streaming

Video streaming giant Roku experienced its strongest quarter ever as the COVID-19 pandemic fundamentally changed viewing behaviors in 2020 and fueled the shift to streaming. In its Q4 2020 earnings call Thursday, Roku’s YoY revenue soared 58% to $650 million, while its platform segment – which includes advertising and content distribution revenue – grew 81% YoY to a record $471.2 million, driven by strong advertising demand. The company also took in $65.2 million in net income in Q4, easily exceeding Wall Street earnings estimates and surpassing the company’s own outlook…

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The Super Bowl Will Be Different This Year (Duh)

Super Bowl LV will look pretty different on and off the field when the Kansas City Chiefs and Tampa Bay Buccaneers square off Sunday. While 186.6 million people are expected to tune in this year, according to the National Retail Federation, the COVID-19 pandemic is also playing a big role in how advertisers are adjusting their strategies to target and engage with viewers digitally. Some advertisers are avoiding the game altogether, such as Budweiser, which will not be running a commercial for the first time in 37 years and instead…

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The Big Story: Must CTV

<!– –> The transformation of the way TV advertising is transacted will be a major theme in 2021. Everyone – both buy- and sell-sides – seems to be talking about addressability these days. Traditional broadcasters have reorganized around streaming and TV-related acquisitions have accelerated – one of the most notable being Roku’s $150 million acquisition of dataxu. This week on The Big Story, the AdExchanger team welcomes Mike Baker, co-founder and former CEO of dataxu. Recently, Baker wrote a column about why ad dollars haven’t followed the surge in CTV…

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The Year in TV: A Major Shift To Streaming

At the start of 2020, video streaming giant Roku’s upfront deck predicted consumer time spent viewing streaming TV would surpass traditional linear over a period of five years. Instead they did so in a year, fueled in large part by the COVID-19 pandemic. “It is a fundamental shift in viewership,” said Alison Levin, Roku’s VP of global marketing solutions. “A lot of that is driven by the cord-cutting audience. We had been saying since we started that all TV will be streamed and all TV ads would be streamed, but…

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Oracle Uncovers Large CTV Ad Fraud Operation

Enterprise tech giant Oracle said it shut down the largest ad fraud scam in the connected TV space that bilked advertisers and publishers out of $14.5 million in ad spending. Oracle Moat – the company’s business that provides measurement and ad verification solutions across digital and TV – said the fraudsters exploited flaws in CTV ad serving technology to fool advertisers into paying for ads that were never actually seen in households. The scam, dubbed “StreamScam,” spoofed more than 28.8 million US household IP addresses, including approximately 3,600 apps and…

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Updates From The NewFronts: Hulu Intros DR Add Format, Roku Can Frequency Cap And More

Hulu Stresses Expertise As well as Intros DR Advertisement Format In the course of an opportunity of unpredictability– and also several brand-new streaming competitors– Hulu is actually helping remind marketers that it is actually an expert in the streaming company. Hulu boasted its own track record of innovative development in its own advertisement layouts, as well as its own adventure as well as range that makes it possible for marketers to benchmark their efficiency. Binge advertisements, as an example, which uncover a lighter add lots, cause double-digit airlifts in recognition…

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Roku’s Platform Business Will Make Up Two-Thirds Of Revenue In 2020

Roku’s platform business is growing like a weed. Platform revenues, which include ad sales, increased 78% year over year in 2019 to $740 million, the company said Thursday in its Q4 2019 earnings report. Platform revenue accounted for 63% of Roku’s total annual revenue, which grew 52% year over year to $1.1 billion. In Q4, Roku’s average revenue per user rose 29% year over year to $23.14. “Our mix of revenue will continue to move toward the faster growing platform segment,” said outgoing chief financial officer Steve Louden on Roku’s…

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