Roku Surpasses 70 Million Users Worldwide

The company will have 87.4 billion streaming hours in 2022.

It looks like Roku has started the new year off to a good start. The company just announced that it has surpassed 70 million active accounts globally, a major milestone for the company. The company also recorded the highest streaming hours as more users turned to streaming.

As of Q4 2021, active accounts were approximately 60.1 million. Globally, there will be 23.9 billion streaming hours in Q4 2022 and 87.4 billion hours for the full year. A year-on-year increase of 19%. On the news, Roku remains the No. 1 TV streaming platform in the U.S., Canada and Mexico, according to the Hypothesis Group.

Anthony Wood, Roku founder and CEO, said of the news, "As consumers continue to switch to TV streaming, we are excited that more and more people are using Roku and we are proud to make this happen Today is a meaningful milestone.” He continued, noting that the company’s recipe for success appears to be focused on affordability and accessibility, “Roku is focused on delivering affordable, easy-to-use products and operating systems that allow everyone to access to streaming. We look forward to This year continues to bring innovative and enjoyable experiences to a growing audience.

First "Renfield" trailer shows Nicolas Cage's Dracula making life hell Also surpassed cable TV for the first time. It seems that streaming dominance is now a foregone conclusion. eMarketer now predicts that less than half of US households will have traditional pay TV by 2023. This is certainly good news for Roku. ^Roku The news comes when it announces its new Roku-branded TVs on January 4, 2023. The launch of the Roku Select TV and Roku Plus line of TVs are the first TVs designed and manufactured by Roku. Previously, the streaming provider Included with other brands of TVs. The service is also available as a separate device that can be paired with non-streaming TVs. Roku Select and Plus Series TVs will be available in the US in Spring 2023. ^Additionally, the Roku Channel has expanded its offering with new content Last year, the channel premiered films such as "Weird: The Al Yankovic Story," and add to its growing library of Roku Originals such as The Great American Baking Show, Martha Gardens, and Emeril Cooks.