Roku (ROKU - Free Report) recently announced that it will enable four-screen measurement for the first time across traditional TV, connected TV, desktop, and mobile in Nielsen Total Ad Ratings.
This will allow marketers running ads with Roku to deduplicate campaign reach and frequency across all four screens in the home. OneView, Roku's ad platform built for TV streaming, is directly integrated with Nielsen's measurement solution, enabling robust, person-level measurement of ad campaigns on the Roku platform.
As marketers are shifting to TV streaming, this collaboration will make measurements simpler and more accurate and also build upon a longstanding relationship between Roku and Nielsen.
Roku’s Library Aids its Growth
Roku is benefiting from strong momentum in average revenue per user (ARPU) and improving user engagement. ARPU was $44.10 in the second quarter of 2022, reflecting an increase of 21% year over year, while active accounts were 63.1 million, reflecting an increase of 14% year over year.
This is primarily because Roku has been focusing on expanding its portfolio on The Roku Channel and also Roku Originals.
It recently added 14 new linear channels, of which the local news channels seemed to gain the most traction. These newly launched channels that offer a wide range of genres like Westerns, Spanish-language entertainment and true crime are expected to drive viewers’ interest and increase active accounts.
Roku also continues its momentum on Roku Originals. The second season of Chrissy’s Court was the highest-rated unscripted Roku Originals launch ever and delivered four times more unique views than the first season.
The upcoming feature film, WEIRD: The Al Yankovic Story, which is scheduled to be released on Nov 4, is anticipated to attract advertisers due to the new opportunities to engage with Roku Originals.
During NewFronts, the company announced two new co-production deals with Marquee Brands and Milk Street Studios, giving the Roku Channel over 3,000 episodes of library content as well as seven new original series starring food and lifestyle personalities Martha Stewart, Emeril Lagasse and Chris Kimball.
Roku anticipates revenues in third-quarter 2022 to rise 3% year over year to $700 million.
What Lies Ahead for Roku?
Despite investing in growing its library, Roku faces challenges from the macroeconomic environment such as inflation, recessionary fear and supply chain issue. Both consumers and advertisers have significantly curtailed spending, and the company expects this threat to persist in the coming quarters as well.
Roku also faces stiff competition from Netflix (NFLX - Free Report) , Disney (DIS - Free Report) and Apple (AAPL - Free Report) .
Both Disney and Netflix are set to launch their ad-tier subscriptions for customers by the end of this year. This low-cost subscription is expected to gain traction. Netflix also won 7 Emmy Awards this year while Disney won 6.
Apple TV+ has been signing deals with the likes of Maya Rudolph's production company, Animal Pictures, along with Scott Free Productions, Appian Way, Sikelia Productions and Green Door Pictures, to name a few, to build its content portfolio.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Roku (ROKU - Free Report) recently announced that it will enable four-screen measurement for the first time across traditional TV, connected TV, desktop, and mobile in Nielsen Total Ad Ratings.
This will allow marketers running ads with Roku to deduplicate campaign reach and frequency across all four screens in the home. OneView, Roku's ad platform built for TV streaming, is directly integrated with Nielsen's measurement solution, enabling robust, person-level measurement of ad campaigns on the Roku platform.
As marketers are shifting to TV streaming, this collaboration will make measurements simpler and more accurate and also build upon a longstanding relationship between Roku and Nielsen.
Roku’s Library Aids its Growth
Roku is benefiting from strong momentum in average revenue per user (ARPU) and improving user engagement. ARPU was $44.10 in the second quarter of 2022, reflecting an increase of 21% year over year, while active accounts were 63.1 million, reflecting an increase of 14% year over year.
This is primarily because Roku has been focusing on expanding its portfolio on The Roku Channel and also Roku Originals.
It recently added 14 new linear channels, of which the local news channels seemed to gain the most traction. These newly launched channels that offer a wide range of genres like Westerns, Spanish-language entertainment and true crime are expected to drive viewers’ interest and increase active accounts.
Roku also continues its momentum on Roku Originals. The second season of Chrissy’s Court was the highest-rated unscripted Roku Originals launch ever and delivered four times more unique views than the first season.
The upcoming feature film, WEIRD: The Al Yankovic Story, which is scheduled to be released on Nov 4, is anticipated to attract advertisers due to the new opportunities to engage with Roku Originals.
During NewFronts, the company announced two new co-production deals with Marquee Brands and Milk Street Studios, giving the Roku Channel over 3,000 episodes of library content as well as seven new original series starring food and lifestyle personalities Martha Stewart, Emeril Lagasse and Chris Kimball.
Roku anticipates revenues in third-quarter 2022 to rise 3% year over year to $700 million.
What Lies Ahead for Roku?
Despite investing in growing its library, Roku faces challenges from the macroeconomic environment such as inflation, recessionary fear and supply chain issue. Both consumers and advertisers have significantly curtailed spending, and the company expects this threat to persist in the coming quarters as well.
Roku also faces stiff competition from Netflix (NFLX - Free Report) , Disney (DIS - Free Report) and Apple (AAPL - Free Report) .
Both Disney and Netflix are set to launch their ad-tier subscriptions for customers by the end of this year. This low-cost subscription is expected to gain traction. Netflix also won 7 Emmy Awards this year while Disney won 6.
Apple TV+ has been signing deals with the likes of Maya Rudolph's production company, Animal Pictures, along with Scott Free Productions, Appian Way, Sikelia Productions and Green Door Pictures, to name a few, to build its content portfolio.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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