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Roku to Introduce TV Ads

POSTED ON April 30, 2024 •   Uncategorized      BY Samuel O . Adeniyi •   VIEWS 137
Roku TV Logo | Photo Credit: Deadline

Following in the footsteps of YouTube and Amazon Prime Video, Roku announced its plans to integrate video ads into its platform.

The revelation came during Roku's Q1 earnings call on April 25, where CEO Anthony Wood outlined strategies to enhance ad revenue.

While Wood emphasized the introduction of video ads on Roku's home screen, he hinted at potential expansion, stating, "We’re also testing other types of video ad units, looking at other experiences we can add to the home screen."

This move to monetize the home screen reflects Roku's efforts to address financial losses and capitalize on a rebounding advertising market.

Notably, this isn't Roku's first foray into video ads. Earlier reports highlighted a patent application aiming to inject ads into devices connected to Roku TVs, and a collaboration with Spotify to incorporate video ads into the Spotify app on Roku.

While advertising remains a cornerstone of online content financing, the proliferation of intrusive ads solely for profit maximization raises concerns about the internet's future.

Some platforms, like Netflix, offer ad-supported plans at a reduced price, while others, like Prime Video, introduce pricier ad-free subscriptions.

For those seeking respite from ad inundation, options to cancel subscriptions are available.

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