The Future of TV is the Internet: Roku CEO
The Future of TV is the Internet: Roku CEO: " . . . Most television will be streamed over the Internet in the coming years, said Anthony Wood, CEO of Roku, maker of the streaming TV device of the same name. The question is how Internet-delivered content will get to your TV and who will deliver it, Wood told CNBC's Squawk on the Street. . . Stream-to-television devices currently have an advantage over Smart TVs, said Wood. Whereas most Smart TVs deliver a few marquee services, such as Netflix and Hulu, Roku gives customers access to nearly 700 streaming channels, according to the company. However, the lines between Roku and its Smart TV competition could begin to blur. A number of Roku-ready televisions will debut at CES, the preeminent technology trade show, this January. "We think there's a huge opportunity to expand our platform from streaming players, where we're a leader today, into TVs," said Wood. While Wood believes that the future of television is on the Internet, he said it will be some time before consumers give up the bundled services offered by cable and satellite providers. But as these the incumbents face competition from streaming services, he said they may begin to offer more options and cheaper services. The next generation, he says, is a virtual MSO, or multiple system operator. Such a system would combine on-demand services such as Netflix and Hulu with traditional subscription fee service for programmed TV — all via the Internet, rather than cable or satellite. . . . "
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