CompetitionThe increasing importance of the streaming aggregator position is attracting significant competition from massive players like Amazon and Google, who can subsidize their streaming business.
Financial Metrics DisclosureRoku will no longer be disclosing net new streaming accounts starting in 1Q'25, which is usually a negative signal around future growth.
Revenue GrowthThe influx of advertising inventory from Prime Video, Netflix, and Disney is pressuring pricing and creating downside risk to platform revenue growth estimates.