Roku's Winning as Streamers Compete
The number of over-the-top video streaming services in the U.S. has more than doubled since 2014, according to Parks Associates. The researchers counted nearly 300 different streaming services, with just six ceasing operations this year compared to 19 shutting down in 2018. Not only are there more streaming options than ever before, but media companies are spending more on content and marketing to help stand out from the crowd.
There's one clear winner from the growing number of streaming options: Roku (NASDAQ: ROKU).
Image source: Roku.
Source Fool.com
