Disney+ is a streaming service that has had millions of people sign up for it. It has become the juggernaut that everyone thought it would be. Roku is a provider of streaming video devices. There were many people in the tech world who were wondering how the launch of Disney+ and Apple TV+ would impact the overall business of Roku. The bottom line is that Roku is doing better business than ever before. This includes Roku’s ad business. The CEO of Roku believes that Disney+ is a big reason why his company is doing so well lately. He feels that more streaming services means that there will be a greater demand for the services that Roku provides.
More Roku devices have been bought recently because people have signed up to Disney+. Roku does not see this changing any time soon. The demand for Disney+ will not be slowing down. Next year, there will be two new streaming services that will be going online. The first will be HBO Max. There will also be one called Peacock that is owned by Comcast. The Roku CEO feels that both of these streaming services will be huge for their company as well. He is not concerned that his company will make less from ads because people are streaming so much. He thinks Roku will be able to make up for the lost ad revenue with the sale of more devices.
More people than ever before are deciding to cut the cord and get rid of their cable service. They are replacing it with streaming services. People love the ability to watch whatever they want at a time that is suitable for them. People have very hectic schedules these days. Therefore, being able to fit their TV viewing into their schedule is much easier with a streaming service that offers all of its shows on demand.
Roku is poised to have a very big 2020 if the new HBO Max and Peacock streaming services turn out to be the big hits that people expect them to be. Only time will tell if that will be the case. The bottom line is that we are now living in a streaming world. Roku makes it easier for people to stream their shows. There is no reason to believe that Roku device sales are going to decrease when Disney+ keeps attracting new viewers on a daily basis.
