Roku’s streaming hours jump by 49% in first quarter
LOS GATOS, Calif. — With large numbers of people sheltering at home due to the Covid-19 pandemic, Roku says it has seen a dramatic increase in streaming hours on its platform in the first quarter of 2020. In a news release Monday, Roku says it expects the platform’s first-quarter streaming hours to total 13.2 billion, a 49% year-over-year increase. In addition, Roku estimates it has 39.8 million active accounts as of March 31, 2020, a net increase of almost 3 million since December 31, 2019. Roku made the announcements as part of a Covid-19 update to its shareholders ahead of...
