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ROKU
CNBC
10 days

Roku launches ad-free streaming service, Howdy, for $2.99 a month

1. Roku launched Howdy, a $2.99/month ad-free streaming service. 2. Howdy features 10,000 hours of content from major studios and Roku Originals. 3. Roku's second-quarter earnings exceeded expectations at $1.11 billion. 4. The service complements the free Roku Channel, increasing audience access. 5. A partnership with Amazon Ads expands Roku's reach to over 80 million homes.

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FAQ

Why Bullish?

The launch of Howdy may attract new subscribers, boosting revenue. Roku's positive earnings also indicate strong market performance.

How important is it?

The article details major strategic developments for Roku including new revenue streams and solid earnings.

Why Long Term?

The new service could lead to sustained growth and customer retention. Historical comparisons show that new service offerings often lead to increased subscriber bases over time.

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