Roku said Sanyo is the latest brand to join its Roku TV licensing program, and that the TV maker expects to start shipping its first Roku-powered models in Canada later this quarter.
The agreement ties into a broader relationship Roku has with Funai Electric, as Philips and Magnavox, two other Funai brand, also have agreements to make and sell TVs outfitted with Roku’s platform.
RELATED: Philips Launches First Roku TV Model
TV-maker licenses are a component of Roku’s Platforms business. That unit, Roku’s fastest-growing, also includes advertising and subscription revenue sharing.
In Q1, Roku’s Platforms-related revenues rose 129%, to $85.43 million.
Others Roku TV partners include RCA, TCL, Element Electronics, Hitachi America, Sharp, Insignia (Best Buy’s in-house brand), and Hisense.
Roku ended 2017 with 19.3 million active accounts, up 5.9 million, or 44% year-on-year, while streaming hours for the year jumped 55%, to 4.3 billion.
