【5 of pentacles as intentions】Roku to launch subscription video channels business
(Reuters) - Roku Inc said on Wednesday it will begin offering premium video channels to customers for a subscription fee as it expands its free streaming video service.
Premium channels from CBS Corp's Showtime,5 of pentacles as intentions Lionsgate-owned Starz and Noggin from Viacom Inc among others will be available to viewers of the Roku Channel, a free video service offered to owners of Roku streaming video devices.
The move by the device maker, which spun off of Netflix in 2008, resembles the lucrative channels business Amazon launched in 2015 that resold video services on an "a la carte" basis, which has been copied by a variety of rivals. Apple Inc is expected to launch its own streaming video service that will adopt a similar model, people familiar with the plan have said.
Amazon's Channels business, which has been popular among subscribers of Amazon Prime and has been a big revenue contributor for participating media companies, is expected to have generated $1.7 billion in 2018, according to a recent BMO Capital Markets report, more than doubling since 2017.
Media executives say the channels business is popular because it removes hurdles for consumers to subscribe to the services where they are already watching television. Like Amazon, Roku will handle the billing for these services, allowing viewers to subscribe directly from the Roku Channel instead of needing to go somewhere else to plug in credit card information.
Roku's expanded Roku Channel will also be available to users of Roku's mobile application for the first time.
(Reporting by Kenneth Li; Editing by Paul Simao)
View comments
下一篇:HqO Launches Suite of Features to Facilitate Return to Work
相关文章:
- Is Begbies Traynor Group plc's (LON:BEG) High P/E Ratio A Problem For Investors?
- Johnson Controls: Fiscal 1Q Earnings Snapshot
- PayPoint plc : Total voting rights
- Could The Gladstone Commercial Corporation (NASDAQ:GOOD) Ownership Structure Tell Us Something Useful?
- Labrador Iron Ore Royalty Corporation Full-Year Results Just Came Out: Here's What Analysts Are Forecasting For Next Year
- Here’s What IVU Traffic Technologies AG’s (ETR:IVU) P/E Ratio Is Telling Us
- Samsung's Galaxy S10 will probably be very expensive
- SHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Nova Lifestyle, Inc. (NVFY) and Lead Plaintiff Deadline: February 26, 2019
- Have Insiders Been Buying IKONICS Corporation (NASDAQ:IKNX) Shares?
- Here is Why Growth Investors Should Buy Broadcom Inc. (AVGO) Now
相关推荐:
- Asian Shares Lower as US-China Tensions Weigh on Investor Sentiment
- 'Farewell to Facebook', bids Germany's retiring Merkel
- U.S. banks 'well-positioned' to manage adverse market conditions -OCC spokesman
- Trump denies in NYT interview that he talked to Roger Stone about WikiLeaks
- RTX CLASS ACTION FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Raytheon Technologies Corporation
- Horizon Pharma (HZNP) Up 28% on Business Expansion Strategy
- Here is Why Growth Investors Should Buy Broadcom Inc. (AVGO) Now
- With A Return On Equity Of 7.0%, Has MailUp S.p.A.'s (BIT:MAIL) Management Done Well?
- Wall Street falls as coronavirus shreds U.S. payrolls
- Eminem Purchases Bored Ape Yacht Club NFT for $462K
- Xtierra Announces $1 Million Financing
- Crown Crafts, Inc. to Announce Results for Fiscal 2020 Fourth Quarter
- Xtierra Announces $1 Million Financing
- GOLO Mobile Inc. Retains Market Maker
- Analysts Just Slashed Their China Cinda Asset Management Co., Ltd. (HKG:1359) EPS Numbers
- U.S. CDC reports 1,827,425 coronavirus cases
- Coronavirus strands merchant ship crews at sea for months
- The Global Cloud Encryption Software Market is expected to grow by $ 2.82 bn during 2020-2024 progressing at a CAGR of 38% during the forecast period
- Nokia draws $560 million R&D loan for 5G
- Bitcoin falls below 8,000 ahead of what is expected to be a rough day for U.S. stocks