Roku tops 50 million active accounts; acquires Quibi’s global content distribution rights

SAN JOSE, Calif. and TORONTO — Roku Inc. made several announcements last week, saying its global active accounts now exceed 50 million subscribers and it has acquired the exclusive global distribution rights to recently shuttered streamer Quibi’s content library. In reporting its preliminary estimated data for the fourth quarter ended December 31, 2020, Roku says it now has 51.2 million active users globally, which represents an increase of 14 million accounts in 2020. In addition, viewers streamed an estimated 17 billion hours of content in the fourth quarter, for a total of 58.7 billion hours in 2020, which is an...