51% drop in Disney shares, while Roku reports 19% revenue increase, 14% rise in active accounts, and 30.8B streaming hours in Q1.
In the streaming entertainment landscape, Disney and Roku are leading media businesses undergoing transformation. Disney's shares have dropped 51% from peak, while Roku trades 87% below its all-time high. Despite macroeconomic challenges, Roku shows steady growth with 19% revenue increase in Q1, a 14% rise in active accounts to 81.6M, and 30.8B streaming hours. These figures suggest Roku may be the better buy for now.
July 07, 2024
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