Roku will use a $45m investment round to develop new digital media devices and services, after securing the backing of News Corp., BSkyB and others to build out its streaming platform. A combination of cash and "business agreements" are included in the deal, with Roku intending to increase its international footprint and "increase engineering and production" with further pushes into advertising, games, transactional and pay-per-view video along with content packages.
You can't help but feel bad for all the people who have a financial stake in the Blu-ray Disc medium. When it first launched, it had to engage in a battle to the death with rival format HD DVD. And then, just as its acceptance started to become widespread, the digital distribution market just exploded right in its face. Now, an ambitious player in that digital market sees a slow death for Blu-ray.
If you have a Roku streaming media player in your home and are a music fan, a new feature has been added that you'll appreciate. Slacker Radio has announced that its streaming music service is now available on the Roku line of media players. The streaming music service is available in the US and Canada and includes all the features the streaming service has to offer.
Roku has been around for a long time with various different streaming boxes offering all kinds content for TV watchers to enjoy. Roku has announced that it has landed a new on-demand partner providing 50 new international channels in the United States allowing viewers who aren't native English speakers to watch TV from their home countries. The service is called DISHWorld.
Roku has launched its streaming media boxes in Canada, with the Roku 2 XD and the flagship Roku 2 XS both going on sale today. Offering easy access to Netflix, Crackle, internet radio and casual gaming including Angry Birds and Jeopardy, the boxes kick off from CA$89.99 and support up to 1080p Full HD video and WiFi connectivity.
The Roku HD is a little set top streaming media box that has been around for a long time now. Recently a refreshed version wearing the same name has turned up and created a bit of confusion. It appears that Roku is taking a page from Apple's naming convention handbook and not using a number modifier to designate an updated unit like Apple did with the new iPad. I am not a fan of this naming convention.
Roku has made a couple announcements that fans streaming media in the UK may get excited about. The first is that the Roku players are now shipping to customers in the UK. The other announcement is that the selection of entertainment content for fans in the UK has increased. The UK versions of the players previously allowed users to access content like Netflix and a lot more.
Roku has launched two of its streaming set-top boxes in the UK, following Netflix's UK launch yesterday, offering a straightforward way to access the on-demand service. The Roku LT and the Roku 2 XS each support RCA and HDMI connections to your TV along with WiFi for your network - the Roku 2 XS adds a wired ethernet port too - and offer Netflix along with Crackle, Facebook, Flickr and more.
Roku has unveiled the Roku Streaming Stick, a compact WiFi-enabled dongle that plugs into the HDMI port of your HDTV and streams the usual array of Netflix, Pandora and other on-demand IPTV. Set to hit shelves in the second half of 2012, the Streaming Stick takes advantage of MHL-compliant HDMI ports that can supply power and control signals from the TV's remote.