Television streaming platform operator Roku Inc. (ROKU:NASDAQ), today announced that "it is partnering with Global Citizen to bring Roku® users One World: Together at Home, a global special that pays tribute to and celebrates frontline healthcare workers." The company explained that the special will include leading global health experts and performances by many of the world's top artists and comedians.
The company noted that the event is scheduled to air on Saturday, April 18 at 8:00 p.m. ET and will be available on the Roku Channel in the U.S., as well as on partner channels on the Roku platform. The firm advised that the show will be available in Canada via BeIN SPORTS XTRA on The Roku Channel and on Crave beginning Sunday, April 19th. Roku users in the U.K. can also tune in through Insight TV or watch on BBC iPlayer and people living in Brazil can access on their Roku devices through Globoplay.
Global Citizen's Co-Founder and CEO Hugh Evans commented, "One World: Together at Home is a moment of unity and a chance to come together that will offer great entertainment to the at-home audience while supporting the organization at the center of the pandemic response...We're extremely excited to have Roku onboard to help share this important message with millions of streamers."
The company stated that the live streaming event is being presented in collaboration with Lady Gaga and hosted by Jimmy Fallon, Jimmy Kimmel, and Stephen Colbert. The global streaming special will feature numerous celebrity appearances and musical performances including Andrea Bocelli, David Beckham, Eddie Vedder, Elton John, John Legend, Keith Urban, Lady Gaga, Paul McCartney, Priyanka Chopra Jonas and Stevie Wonder and many others.
Global Citizen was described by the company as "the world's largest movement of action takers and impact makers dedicated to ending extreme poverty by 2030."
Roku is based in Los Gatos, Calif., and was a pioneer of TV streaming. The firm stated, "we connect users to the streaming content they love, enable content publishers to build and monetize large audiences, and provide advertisers with unique capabilities to engage consumers." RokuTV™ products and streaming players are sold in many countries around the world through direct retail sales and licensing arrangements with TV brands and service operators.
Roku has a market capitalization of around $13.6 billion with approximately 120.0 million shares outstanding and a short interest of about 9.2%. ROKU shares opened 3.5% higher today at $117.00 (+$4.00, +3.54%) over yesterday's $113.00 closing price. The stock has traded today between $115.11 and $132.40 per share and is currently trading at $128.86 (+$15.86, +14.04%).
[NLINSERT]Disclosure:
1) Stephen Hytha compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. He or members of his household own securities of the following companies mentioned in the article: None. He or members of his household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.