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ROKU what a great setup on ER surprise.
mb
These movies are very old and are on youtube for free.
"Savage Land," "Future Shock,"
$HHSE-PARTNERING-WITH-ROKU...$HHSE-NEWS:..Hannover-House closes 10-picture-deal with ROKU for U.K., Ireland
Press Release | 09/22/2023
https://www.otcmarkets.com/stock/HHSE/news/Hannover-House-closes-10-picture-deal-with-ROKU-for-UK-Ireland?id=414998
Hannover House, Inc. (OTC: HHSE) has finalized the placement of ten films from the company's library with ROKU, for release into the U.K. and Ireland. The sale was initiated during the Cannes market in May and finally closed this week.
Titles licensed under the agreement include "Savage Land," "Future Shock," "Samurai: The Last Warrior" and seven others. ROKU is looking at over one hundred additional titles from the Hannover House library for possible licensing into these two territories in the future.
"This is great news for our program suppliers and shareholders," said Desiree Garnier, president of the Hannover House MyFlix division. "As video-on-demand outlets continue to expand worldwide, the international sales and licensing rights within the Hannover House library will see significantly greater monetization over the years," she concluded.
Hannover House has over four-hundred titles in the company's library of distribution or sales agency rights, which licensing grants are primarily limited to the North American territory. However, all original productions from Hannover House, and many third-party licensed titles, also include international distribution and sales rights.
Roku, Inc. of San Jose, California has grown their hugely successful hardware and streaming device business into a major supplier of programming in territories around the world. Titles licensed by Roku from studios and producers can be streamed directly to homes using the Roku hardware of many brands of Roku-enabled smart televisions. Current annualized revenues for Roku have been reported at $3.21-billion by the company.
Hannover House was formed in 1993 and has grown and evolved over the years in response to changing trends in media and entertainment distribution. The company has found success in recent years with facilitating independent feature productions such as the upcoming USA theatrical and streaming release of "WILDFIRE: The Legend of the Cherokee Ghost Horse," starring Anne Heche.
For more information contact: ERIC PARKINSON, Eric @stockholder101-5277
Bullish on multiple-Entertainment-stocks:..Hannover-House(HH$E), ROKU, Disney & Netflix
Expecting the LARGEST % GAINS from the FIRST one on the list.
Studios Reveal New AI, Data Transparency & Residuals Proposals To WGA; Guild Meets With CEOs
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172666221
HAPPY DAYS now that the AMPTP put forth a LEGIT proposal... Got to say I'm SURPRISED & VERY ENCOURAGED:
Studios Reveal New AI, Data Transparency & Residuals Proposals To WGA; Guild Meets With CEOs
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172666221
$ROKU
...
You could always get the next one..........got the best tool for it also.......
Z
Streaming Is Disrupting Traditional Media
ARK Invest_Headshot_Nick Grous_Edit 5 By Nicholas Grous | @GrousARK
Associate Portfolio Manager
Last week, Roku reported1 better-than-expected revenue and earnings for the second quarter. Given its strong revenue growth, expanding user base, and steady gains in market share, we believe that the Roku platform is causing and capitalizing on dramatic shifts in media consumption. Investors interested in learning more about ARK’s Roku research are welcome to access our open-source Roku model and blog.2
Disrupting Traditional TV Viewing
Streaming was transforming the TV industry during the second quarter:
Global Streaming Hours: Roku's global streaming hours grew by 21% year-over-year,3 while traditional TV viewing in the US declined by 13%, as reported by Nielsen.
Ad Spend on Traditional TV: Traditional TV ad spend declined 9.4% year-over-year, while the spot, or scatter, ad market dropped 17.2% year-over-year, according to SMI data. In contrast, Roku’s platform revenue increased 11%.4
Roku’s User Engagement And Expansion During The Second Quarter
Active Accounts: active accounts increased by 1.9 million to reach 73.5 million, up 16% year-over-year. Roku also gained share across the range of TV sizes. The large screen segment grew ~70% year-over-year,5 pushing the Roku operating system’s (OS) already leading TV OS even higher into #1 territory in the US.
Streaming Hours on The Roku Channel: streaming hours on The Roku Channel grew by more than 50% year-over-year and, according to Nielsen, represented 1.1% of total US TV viewing in May, ranking The Roku Channel alongside Peacock and close to HBO Max.
Now you tell us…
ROKU +22.01 (+32.28%) on 61.2 M (Above Average Volume)
Reason - posted stronger-than-expected results for the quarter ended in June.
Trend Analysis
ROKU appears to be in a strong bullish trend. Its 200-day moving average is upwards sloping and the MACD histogram is above 0. Comparative Relative Strength analysis shows that this issue is outperforming the S&P 500.
As of 4:00 PM ET Friday, 07/28/2023
Momentum
Momentum for ROKU is strongly bullish. The 14-period Slow Stochastic Oscillator is rising, as investors pay higher prices for shares.
As of 4:00 PM ET Friday, 07/28/2023
Volume
Today's volume was heavier than usual, trading 61,148,462 shares, versus an average of 8,510,145 shares per day during the last twelve months. The On Balance Volume indicator (OBV) is bullish. The slope of the indicator is positive and suggests that buyers are presently more active than sellers.
Volatility
Bollinger Bands® use standard deviation of the closing price around a moving average to measure volatility. The Bollinger Bands® are presently wider than usual, as a result of greater than normal volatility that accompanied the recent price move. Events such as this may precede a pause or reversal in the near term trend.
Roku shares surge as better ad spending powers upbeat revenue forecast
6:36 PM ET, 07/27/2023 - Reuters
July 27 (Reuters) - Roku forecast upbeat third-quarter revenue and posted market-beating results for the second quarter on improved ad sales, sending the shares of the streaming device maker up 9% after the bell.
After several months of muted spending, companies are raising their expenditure on ads on signs of cooling inflation and improving consumer sentiment.
"We have begun to see some ad verticals improve, which resulted in modest YoY platform revenue growth in Q2, and we are well positioned to re-accelerate growth as the ad market recovers," company executives said in a letter to shareholders.
Roku expects $815 million in net revenue in the July-September period, higher than analysts' projection of $809.6 million, according to Refinitiv data.
Chief Financial Officer Dan Jedda said the pickup in ad spending is coming from the consumer products, and health and wellness industries, while tech, media and entertainment remains challenged.
Roku's strong guidance comes after large digital platforms Meta Platforms and Alphabet delivered upbeat results on higher digital ad sales.
"In addition to capturing advertising dollars shifting from traditional linear distribution to over-the-top, Roku has made progress in clawing away spend from other digital channels," said Third Bridge analyst Jamie Lumley.
Roku, which offers streaming devices and also has its own ad-supported channel, posted better-than-expected results for the quarter ended June.
Net revenue grew 11% to $847.2 million, above estimates of $774.5 million, while adjusted loss came in at 76 cents per share, lower than the estimate of $1.26.
The company said it added 1.9 million "active accounts" from the previous quarter to 73.5 million. (Reporting by Yuvraj Malik in Bengaluru; Editing by Pooja Desai and Arun Koyyur)
Roku Brings Shopify Checkout to TV Streaming
https://finance.yahoo.com/news/roku-brings-shopify-checkout-tv-130000540.html
Tue, July 11, 2023 at 7:00 AM MDT·
For the first time ever, viewers will be able to purchase products directly from Shopify Merchant ads on the largest screen in the home, simply by pressing OK on the Roku Remote
SAN JOSE, Calif., July 11, 2023--(BUSINESS WIRE)--Today, Roku (Nasdaq: ROKU), the #1 TV streaming platform in the U.S., Canada, and Mexico*, announced a first-of-its-kind partnership with Shopify that provides viewers the ability to purchase products from Shopify merchants directly from their TV through Roku Action Ads.
Upon seeing an ad for a Shopify merchant, viewers can simply press OK on their Roku remote to learn more about the product and purchase it directly from their TV. They will be able to check out with Roku Pay, Roku’s payments platform, and return to their streaming experience once they have completed the purchase. Purchasers will receive email confirmation of their order directly from the merchant once the transaction has been processed.
In this latest integration with Roku Action Ads, Roku brings a seamless checkout experience to ads being streamed on the platform. Roku Action Ads are any advertisements on Roku streaming devices that provide a down funnel action, such as sending users a text, scanning a QR code, or making a purchase. Integrating Shopify purchases into Action Ads is the first commerce integration for independent Shopify merchants on TV streaming, creating a completely new advertising channel for Shopify merchants to explore. Men’s apparel brand True Classic, the game-based connected rower Ergatta, and wellness brand Olly have signed on as initial partners.
"Bringing a Shopify purchase experience to television for merchants is an industry first, and innovation opportunities like these are precisely the reason I came to Roku," said Peter Hamilton, Senior Director of Ad Innovation at Roku. "Roku democratizes access to TV advertising, and now, we’re collapsing the funnel for Shopify’s merchants. This is a great example of Roku’s unique platform position to make advertisers unmissable across the streamer’s journey, from power on to purchase complete."
"Offering a great purchase experience for customers and having sound channel measurement are critical to True Classic's success," said Paige Becker, Vice President, Growth at True Classic. "Roku Action Ads address both these needs, providing a frictionless path to purchase for customers while allowing us to measure the impact of this strategy with the end-to-end Shopify integration. Merging performance-based tactics with the scale of TV is a win-win, and we are excited to explore Roku’s innovation."
"Our commerce efforts are all about meeting our target consumers where they are, and providing a seamless path to purchase," said Saaj Parikh, Director of Marketing, Ergatta. "Integrating the Shopify shopping experience on the Roku platform is a no-brainer for us. We’re thrilled to start experimenting with Roku Action Ads and tap into the scale of Roku."
This unique experience shortens the advertising funnel from brand awareness to purchase on the largest screen in the home. Shopify advertisers receive more customer data and insight into purchasing trends, plus point-of-sale access to Roku’s audience, marking a major milestone for Roku’s ongoing commerce partnership with Shopify. Now, viewers can purchase directly from the screen.
"Shopify is on a mission to make commerce better for everyone, and by partnering with Roku to make Shopify Checkout available through new channels, we are making it easier for more brands to drive deeper engagement with shoppers and reach new audiences," said Mani Fazeli, Director of Product, Checkout at Shopify.
ROKU: 71.71 + 8.73 (+13.86%) on 14.9m above ave volume
and unknown reason. (So far)
Volume
Today's volume is on track to be heavier than usual, with 14,868,161 shares having traded so far. The On Balance Volume indicator (OBV) is bullish. The slope of the indicator is positive and suggests that buyers are presently more active than sellers.
As of 12:59 PM ET Wednesday, 06/07/2023
10-Day Average Volume 5,248,251
90-Day Average Volume 8,095,827
WATCH & LEARNED as I wrote:
I LOVE this stock & it has done VERY VERY WELL for me. Going to love it more when the weather turns cooler, & as the Fall gives way to Winter!
<< Roku told investors it had $487 million at the bank >>
That's a lot of cheddar.
"Roku told investors it had $487 million at the bank, or about 26% of its cash and cash equivalents, adding that those fund are "largely uninsured."- New York Times
In response to:
ROKU 8k. We have Money at $SIVB that is UNINSURED
ROKU 8k. We have Money at $SIVB that is UNINSURED
WHOOPS!
Hello? Banker? Anyone there?
Ummm, hoping to make a withdrawal?
Hello?
Hello?
Uh oh!
Hello, you've reached silicon valley bank, no one is currently able to take your call, please leave a....... *Dial tone
Oh shit!
Roku, Inc. (the “Company”) is aware that Silicon Valley Bank (“SVB”) was closed today by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (“FDIC”) as receiver. According to the FDIC, all insured depositors of SVB will have full access to their insured deposits no later than Monday morning, March 13, 2023. The FDIC will pay uninsured depositors an advance dividend within the next week. Uninsured depositors will receive a receivership certificate for the remaining amount of their uninsured funds. As the FDIC sells the assets of SVB, future dividend payments may be made to uninsured depositors.
The Company has total cash and cash equivalents of approximately $1.9 billion as of March 10, 2023. Approximately $487 million is held at SVB, which represents approximately 26% of the Company’s cash and cash equivalents balance as of March 10, 2023. Approximately $1.4 billion of the Company’s cash and cash equivalents is distributed across multiple large financial institutions. The Company’s deposits with SVB are largely uninsured. At this time, the Company does not know to what extent the Company will be able to recover its cash on deposit at SVB.
Notwithstanding the closure of SVB, the Company continues to believe that its existing cash and cash equivalents balance and cash flow from operations will be sufficient to meet its working capital, capital expenditures, and material cash requirements from known contractual obligations for the next twelve months and beyond.
Looks like those gaps might get filled
Coming back to life that’s for sure
Heading towards $100+. Buys at $61 last week just looking better and better.
That’s the 64 dollar question wish I new
Beast, heading to $100+
Because you had perfect timing on an excellent move. That doesn't happen very often.
It made a great trade for someone, that's for sure.
Why would I have sold, ticker heading back to $100+.
I don’t flip, if earnings/outlook sucked I would have sold for a loss and moved on.
Hokie- I don't know why but I thought you were trading it?
If I was a betting woman, I would have bet you sold yesterday?
But No? You still in?
Gona pull back a tad question is how much ?
Current coverage..
Rosenblatt Adjusts Price Target on Roku to $76 From $44, Maintains Neutral Rating
MT Newswires 11:24 AM ET
--Atlantic Equities Upgrades Roku to Neutral From Underweight, Raises Price Target to $76 From $40
MT Newswires 11:09 AM ET
Oppenheimer Adjusts Roku Price Target to $85 From $75, Maintains Outperform Rating
MT Newswires 9:28 AM ET
Needham & Co Adjusts Roku Price Target to $80 From $65, Maintains Buy Rating
MT Newswires 8:44 AM ET
Pivotal Research Boosts Price Target on Roku to $55 From $40, Sees Less 'Existential Company Risk' After Q4 Beat, Keeps Sell Rating
MT Newswires 8:41 AM ET
Wedbush Raises Price Target on Roku to $80 From $75, Sees Profitability Back in Sight After Q4 Beat, Keeps Outperform Rating
MT Newswires 8:26 AM ET
Thanks, new targets set this for a climb over $100.
That's a nice position! Kudos!