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Global Video Streaming Market Expected to Reach $932 Billion In 2028

Retrieved on:

Tuesday, April 26, 2022

PALM BEACH, Fla., April 26, 2022 /PRNewswire/ -- Improved connectivity and technological advancement in technology have made live video accessible to almost everyone having an internet connection. In today's digital space, video streaming has become an influential medium for accessing information. Moreover, the increasing preference for streaming services like Netflix, Hulu, Amazon Prime and the growing popularity of live videos among various businesses fuel market growth. Its implementation across applications such as interactive sessions, training centers, educating students, conferencing, and live meetings is driving the market growth. Netflix, Hulu, Amazon Prime Video, HBO, and Disney+ are some of the popular streaming platforms offering unlimited real-time access to original and high-quality content. This innovative streaming provision has enhanced the home entertainment experience and resulted in the expansion of the customer base. A report from Fortune Business Insights said that: "The global video streaming market size was USD 376.06 billion in 2020. The global impact of COVID-19 has been unprecedented and staggering, with video streaming witnessing a significant impact on demand across all regions amid the pandemic. Based on our analysis, the global market exhibited a significant growth of 11.2% in 2020. The market is projected to grow from USD 419.03 billion in 2021 to USD 932.29 billion in 2028 at a CAGR of 12.1% in the 2021-2028 period. The rise in CAGR is attributable to this market's demand and growth, returning to pre-pandemic levels once the pandemic is over." Active companies in the markets today include: Live Current Media, Inc. (OTCQB:LIVC), Netflix, Inc. (NASDAQ:NFLX), Roku, Inc. (NASDAQ:ROKU), Cinedigm (NASDAQ:CIDM), Chicken Soup for the Soul Entertainment Inc. (NASDAQ:CSSE).

Key Points:

A report from Fortune Business Insights said that: "The global video streaming market size was USD 376.06 billion in 2020.
The global impact of COVID-19 has been unprecedented and staggering, with video streaming witnessing a significant impact on demand across all regions amid the pandemic.
The market is projected to grow from USD 419.03 billion in 2021 to USD 932.29 billion in 2028 at a CAGR of 12.1% in the 2021-2028 period.
According to Grandview Research, the global video streaming market is expected to grow at a compound annual growth rate (CAGR) of 21.3% between 2022 and 2030.

Global Video Streaming Market Expected to Reach $932 Billion In 2028

Retrieved on:

Tuesday, April 26, 2022

PALM BEACH, Fla., April 26, 2022 /PRNewswire/ -- Improved connectivity and technological advancement in technology have made live video accessible to almost everyone having an internet connection. In today's digital space, video streaming has become an influential medium for accessing information. Moreover, the increasing preference for streaming services like Netflix, Hulu, Amazon Prime and the growing popularity of live videos among various businesses fuel market growth. Its implementation across applications such as interactive sessions, training centers, educating students, conferencing, and live meetings is driving the market growth. Netflix, Hulu, Amazon Prime Video, HBO, and Disney+ are some of the popular streaming platforms offering unlimited real-time access to original and high-quality content. This innovative streaming provision has enhanced the home entertainment experience and resulted in the expansion of the customer base. A report from Fortune Business Insights said that: "The global video streaming market size was USD 376.06 billion in 2020. The global impact of COVID-19 has been unprecedented and staggering, with video streaming witnessing a significant impact on demand across all regions amid the pandemic. Based on our analysis, the global market exhibited a significant growth of 11.2% in 2020. The market is projected to grow from USD 419.03 billion in 2021 to USD 932.29 billion in 2028 at a CAGR of 12.1% in the 2021-2028 period. The rise in CAGR is attributable to this market's demand and growth, returning to pre-pandemic levels once the pandemic is over." Active companies in the markets today include: Live Current Media, Inc. (OTCQB:LIVC), Netflix, Inc. (NASDAQ:NFLX), Roku, Inc. (NASDAQ:ROKU), Cinedigm (NASDAQ:CIDM), Chicken Soup for the Soul Entertainment Inc. (NASDAQ:CSSE).

Key Points:

A report from Fortune Business Insights said that: "The global video streaming market size was USD 376.06 billion in 2020.
The global impact of COVID-19 has been unprecedented and staggering, with video streaming witnessing a significant impact on demand across all regions amid the pandemic.
The market is projected to grow from USD 419.03 billion in 2021 to USD 932.29 billion in 2028 at a CAGR of 12.1% in the 2021-2028 period.
According to Grandview Research, the global video streaming market is expected to grow at a compound annual growth rate (CAGR) of 21.3% between 2022 and 2030.

Jessica Alba and Lizzy Mathis Set to Co-Host and Executive Produce Roku Original “Honest Renovations” for The Roku Channel

Retrieved on:

Wednesday, April 20, 2022

Roku, Inc. (NASDAQ: ROKU) today announced the greenlight of an all-new Roku Original series, Honest Renovations, hosted by Jessica Alba, Actress and Founder of The Honest Company, and Lizzy Mathis, Founder & Editor of The Cool Mom Co. Alba and Mathis will also serve as executive producers for the series.

Key Points:

Roku, Inc. (NASDAQ: ROKU) today announced the greenlight of an all-new Roku Original series, Honest Renovations, hosted by Jessica Alba, Actress and Founder of The Honest Company, and Lizzy Mathis, Founder & Editor of The Cool Mom Co. Alba and Mathis will also serve as executive producers for the series.
As working mothers and entrepreneurs, Jessica Alba and Lizzy Mathis are all too familiar with the challenges and pressures of parenting.
Jessica Alba, Host & Executive Producer, Honest Renovations: Becoming a parent was exciting, scary and confusing all at once.
I cant wait to share the stories of the special families and their incredible home renovations with viewers on The Roku Channel.

Season One of Roku Original Comedy “Children Ruin Everything,” from Golden Globe® and Emmy® Award-winner Kurt Smeaton, to Debut on May 13; The Roku Channel Picks Up Season Two for Double Episode Order

Retrieved on:

Tuesday, April 19, 2022

Roku, Inc. (NASDAQ: ROKU) today announced that season one of Roku Original comedy Children Ruin Everything will debut on The Roku Channel in the U.S. on Friday, May 13.

Key Points:

Roku, Inc. (NASDAQ: ROKU) today announced that season one of Roku Original comedy Children Ruin Everything will debut on The Roku Channel in the U.S. on Friday, May 13.
Roku has also picked up season two of the series, which will feature double the episodes of season one, at an increased 16, half-hour episode season.
View the full release here: https://www.businesswire.com/news/home/20220419005374/en/
Roku Original "Children Ruin Everything" (Photo: Business Wire)
Created by Golden Globe and Emmy Award-winner Kurt Smeaton (Schitts Creek), Children Ruin Everything is about living with the worst roommates of all: young children.
Kurt Smeaton, Chuck Tatham and Mark Montefiore have brought us a heart filled comedy with 'Children Ruin Everything.'

Roku’s Clean Room Debuts for Advertisers Ahead of TV Upfronts

Retrieved on:

Tuesday, April 19, 2022

Rokus clean room is purpose-built for TV streaming.

Key Points:

Rokus clean room is purpose-built for TV streaming.
Rokus clean room creates a secure connection between Roku data and the advertisers data.
Rokus clean room is built on top of Snowflake and its industry-leading Media Data Cloud technologies.
Omnicom Media Group, dentsu, Horizon Media, Icon Media Direct, and Camelot are all using Rokus clean room today on live campaigns.

Genius Brands Expands Kartoon Channel! on Roku

Retrieved on:

Monday, April 18, 2022

app and content on the Roku platform, Genius Brands International, Inc. (Genius Brands or the Company) (Nasdaq: GNUS), today announced that it will offer a dedicated Kartoon Channel!

Key Points:

app and content on the Roku platform, Genius Brands International, Inc. (Genius Brands or the Company) (Nasdaq: GNUS), today announced that it will offer a dedicated Kartoon Channel!
We are now further enhancing our offering to consumers by bringing The Roku Channel on board as a media partner, significantly expanding our presence in the digital marketplace, commented Genius Brands Jon Ollwerther, President, Kartoon Channel!.
Available everywhere and anywhere kids are today, Genius Brands Internationals digital network, Kartoon Channel!
Roku is a registered trademark of Roku, Inc. in the U.S. and in other countries.

Roku to Announce First Quarter 2022 Financial Results on April 28, 2022

Retrieved on:

Thursday, April 14, 2022

TV and Radio, Consumer Electronics, Technology, Online, Mobile Entertainment, Advertising, Entertainment, Communications, Software, Internet, Hardware, Love, Nasdaq, OEM, Roku, Inc., Broadcasting, Roku

Roku, Inc. (Nasdaq: ROKU) today announced it will release first quarter 2022 financial results after the stock market close on Thursday, April 28, 2022.

Key Points:

Roku, Inc. (Nasdaq: ROKU) today announced it will release first quarter 2022 financial results after the stock market close on Thursday, April 28, 2022.
The company will host a live webcast of its conference call to discuss the results at 2:00 p.m. Pacific Time on April 28.
Roku TV models are available in the U.S. and in select countries through licensing arrangements with TV OEM brands.
Roku is headquartered in San Jose, Calif. U.S.A.
Roku is a registered trademark and Roku TV is a trademark of Roku, Inc. in the U.S. and in other countries.

CTV Now Available on Roku Streaming Players and Roku TV Models

Retrieved on:

Wednesday, April 6, 2022

Roku, Inc. and CTV today announced the launch of CTV on the Roku platform, in a continued partnership with Bell Media.

Key Points:

Roku, Inc. and CTV today announced the launch of CTV on the Roku platform, in a continued partnership with Bell Media.
Canadian Roku users will now have access to live and on demand programming from CTV, Canadas most-watched television network, on their Roku streaming player or Roku TV.
CTV provides unparalleled entertainment programming across two broadcast television networks; a powerful suite of specialty channels including CTV Comedy Channel, CTV Drama Channel, CTV Life Channel, and CTV Sci-Fi Channel; and digital channels CTV Throwback and CTV Movies , streaming on demand from CTV.ca and the CTV app.
Roku TV models are available in the U.S. and in select countries through licensing arrangements with TV brands.

Roku Reaches Multi-Year Extension of Agreement with Amazon

Retrieved on:

Monday, April 4, 2022

Roku, Inc. (Nasdaq: ROKU) issued the following statement today confirming that it has reached a multi-year extension of its distribution agreement with Amazon:

Key Points:

Roku, Inc. (Nasdaq: ROKU) issued the following statement today confirming that it has reached a multi-year extension of its distribution agreement with Amazon:
Roku and Amazon have reached a multi-year extension for their distribution agreement.
Roku TV models are available in the U.S. and in select countries through licensing arrangements with TV OEM brands.
These statements include but are not limited to those related to the benefits and availability of Amazon channels on the Roku platform and the distribution agreement between Roku and Amazon.
Roku is a registered trademark and Roku TV is a trademark of Roku, Inc. in the U.S. and in other countries.

The Roku Channel Orders “SLIP,” a New Scripted Comedy Created, Directed and Starring Zoe Lister-Jones

Retrieved on:

Wednesday, March 23, 2022

Colin Davis, Head of Scripted Originals at Roku: "Zoe Lister-Jones has written a truly fantastic show with SLIP.

Key Points:

Colin Davis, Head of Scripted Originals at Roku: "Zoe Lister-Jones has written a truly fantastic show with SLIP.
We are so happy to be partnered with Zoe, The Roku Channel and Boat Rocker on our first original series.
Half of the top 10 on-demand titles by reach on The Roku Channel in 2021 were Roku Originals.
The Roku Channel was a top five channel on the Roku platform in the U.S. by active account reach in Q3 and Q4 2021.