00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Roku launched a new subscription service called Howdy on Tuesday,
00:05offering ad-free streaming for $2.99 per month, according to Benzinga.
00:10The service debuts nationwide with 10,000 hours of curated content
00:13from Lionsgate, Warner Bros. Discovery, and FilmRise.
00:16It will be available on Roku devices starting August 5th.
00:19We plan to expand to mobile and other platforms.
00:21CEO Anthony Wood said Howdy is designed for viewers seeking flexible,
00:25no-contract entertainment at a low cost.
00:27Launch aligns with Roku's broader strategy to grow platform revenue
00:31and attract performance-focused advertisers.
00:33Roku's platform segment outlook was recently raised to $4.075 billion,
00:37though devices' revenue is expected to fall due to tariffs.
00:41For all things money, visit Benzinga.com.
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