Key Points The pioneer in digital streaming could be the best bet for investing the year ahead. Roku has long streaks of double-digit growth and earnings beats. After its recently profitable turn, the new sky is the limit. 10 stocks we like better than Roku › It's been an eventful year for streaming service stocks. There have been not one but two bidding wars for media stocks with prolific premium digital platforms this year. Will there be more wedding bells in 2026? The COVID-19 crisis found a ...

Core Insights - "Caught Stealing," a crime caper featuring Austin Butler and Zoë Kravitz, is set to debut on streaming platforms this week [2][4]. Film Overview - The film, directed by Darren Aronofsky, was released in theaters on August 29 and follows the story of Hank Thompson, a former high-school baseball star who becomes entangled with gangsters after agreeing to care for a neighbor's cat [3]. - The film is rated R and features a notable cast including Regina King, Liev Schreiber, and Benito Martínez Ocasio (Bad Bunny) [3]. Streaming Release Details - "Caught Stealing" is expected to be available for digital streaming via premium video on demand (PVOD) on September 30, although the release date has not been officially confirmed by Sony Pictures Entertainment [4]. - The film is available for pre-order on Prime Video for $24.99, which is also the purchase price, and will be accessible on other platforms like Apple TV, Fandango at Home, and YouTube [4]. - Rental options for the film will be available for $19.99 for a 48-hour period, typically $5 less than the purchase price [5].

Core Insights - Reservoir Media reported Q1 FY2026 results with GAAP revenue of $37.2 million, an 8% increase year-over-year, but below analyst expectations of $38.065 million [1][5] - The company experienced an increase in operating income and adjusted EBITDA, while net loss widened to $0.6 million from $0.5 million in Q1 FY2025 [1][6] Financial Performance - GAAP revenue for Q1 FY2026 was $37.2 million, up 8% from $34.3 million in Q1 FY2025 [2] - Operating income increased by 8% to $5.4 million, while adjusted EBITDA rose 10% to $13.9 million [2][5] - Net loss (GAAP) increased to $0.6 million, reflecting a 20% rise compared to the previous year [2][6] Business Strategy - Reservoir Media focuses on acquiring, managing, and monetizing music catalogs, serving as both a music publisher and recorded music rights holder [3] - The company emphasizes five strategic areas for growth: aggressive acquisition of music rights, investment in digital and streaming growth, expansion in emerging markets, rigorous protection of music rights, and leveraging an experienced management team [4] Segment Performance - The Music Publishing segment generated $24.9 million in GAAP revenue, a 4% increase, with synchronization licensing revenue surging 48% to $4.2 million [7] - The Recorded Music segment saw an 8% revenue growth to $10.4 million, with digital revenue increasing by 23% [8][11] Catalog and Digital Rights - During the quarter, Reservoir Media acquired master rights for five artists and invested in a London-based immersive entertainment company [10] - Digital sales in Recorded Music rose by 23% to $8.0 million, while digital revenue in Music Publishing declined by 2% [11] International Expansion - The company is prioritizing expansion into international markets, particularly in India and the Middle East, with previous announcements of new subsidiaries [12] Financial Outlook - Management targets FY2026 revenue between $164 million and $169 million, indicating a conservative growth outlook [14] - Total liquidity improved to $173 million, while net debt increased to $372.5 million [15]

Core Insights - Roku reported strong Q2 2025 results with GAAP net revenue of $1.11 billion, exceeding estimates of $1.07 billion, and a positive net income of $0.07 per share, a significant improvement from a loss of $(0.24) last year [1][2] Financial Performance - Q2 2025 GAAP EPS was $0.07, compared to an estimated loss of $(0.15) and a loss of $(0.24) in Q2 2024 [2] - Total revenue reached $1.11 billion, a 15% increase from $968.2 million in Q2 2024 [2] - Platform revenue was $975 million, up 18% year over year from $824 million [2] - Gross profit increased by 17.2% to $498 million from $425 million [2] - Adjusted EBITDA rose 79.4% to $78.2 million from $43.6 million [2] Business Overview - Roku operates a digital streaming platform with two main segments: Platform (advertising, content distribution, billing) and Devices (hardware) [3] - The Platform segment is the primary revenue and profit driver, making its growth a strategic priority [3] Strategic Focus - Recent efforts include expanding advertising innovation, enhancing the device ecosystem, and increasing monetization through platform offerings [4] - Attracting advertisers and driving user engagement are crucial for financial performance [4] Q2 Highlights - Platform revenue growth was driven by strong video advertising performance and the acquisition of Frndly, contributing approximately 1.8 percentage points to growth [5] - The advertising business outpaced broader U.S. digital and connected TV ad markets [5] - Platform gross margin decreased to 51%, reflecting a shift to programmatic ad orders [6] Devices Segment - Devices revenue fell 6% year over year to $136 million, but gross profit improved to break-even from a loss of $15.2 million [7] - The company maintained its position as the top TV OS in the U.S., Canada, and Mexico, with ongoing product innovation [7] User Engagement - Streaming hours increased by 5.2 billion year over year to 35.4 billion, with the Roku Channel ranking as the second most engaged app in the U.S. [8] Financial Outlook - For Q3 2025, management projects GAAP revenue of $1.205 billion, gross profit of $520 million, and adjusted EBITDA of $110 million [11] - The full fiscal year 2025 outlook for Platform revenue is raised to $4.075 billion, a 16% year-over-year increase [11] - Platform gross margin is expected to remain around 52% [11]