Is Roku Making Money from TV?

There were over 50 million active Roku accounts in the fourth quarter of 2020, Roku estimates. Roku also estimates its users streamed 58.7 billion hours of TV in 2020. A Roku press release claims the amount of hours streamed grew by 55% between fourth quarter 2019 and fourth quarter 2020.

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Is Roku Making Money from Streaming Video?

Plus, Roku claims its research indicates “roughly 50%” of cord-cutters in the United States are Roku customers Cordcutters reports. Interestingly, Roku claims its users streamed 10.3 billion hours of video in 3rd Quarter 2019.

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