Sanyo Joins Roku TV Lineup
Roku said Sanyo is the latest brand to join its Roku TV licensing program, and that the TV maker expects to start shipping its first Roku-powered models in Canada later this quarter.
The agreement ties into a broader relationship Roku has with Funai Electric, as Philips and Magnavox, two other Funai brand, also have agreements to make and sell TVs outfitted with Roku’s platform.
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TV-maker licenses are a component of Roku’s Platforms business. That unit, Roku’s fastest-growing, also includes advertising and subscription revenue sharing.
In Q1, Roku’s Platforms-related revenues rose 129%, to $85.43 million.
Others Roku TV partners include RCA, TCL, Element Electronics, Hitachi America, Sharp, Insignia (Best Buy’s in-house brand), and Hisense.
Roku ended 2017 with 19.3 million active accounts, up 5.9 million, or 44% year-on-year, while streaming hours for the year jumped 55%, to 4.3 billion.
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