Roku Announces "Roku TV Ready" Program; Denon and TCL North America to Launch First Products

(CES) – Roku, Inc. (Nasdaq: ROKU) today announced Roku TV™ Ready, a new program that allows consumer electronics companies to partner with Roku to help their products work seamlessly with Roku TV for an incredible home entertainment experience. The first partners under the program are TCL North America and Sound United, parent company to Denon, Polk Audio, Marantz, Definitive Technology and Classé, which will feature Roku TV Ready products for select brands later this year.

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Roku TV Ready Badge (Graphic: Business Wire)

Products under the program will display a Roku TV Ready badge on marketing materials to identify that they have been tested and certified to work effortlessly with the Roku TV, offering smooth setup, easy on-screen access to sound settings and volume control with one remote. Consumer electronics companies can add Roku TV Ready functionality at no additional cost to their products.

“Our goal is to make the TV experience incredibly simple, accessible and fun. Roku devices continue to delight millions of consumers for these reasons. And now with this new program we hope to make it super easy to setup and control soundbars and audio/video receivers using just a Roku TV remote,” said Mark Ely, Vice President, Retail Product Strategy at Roku. “Meanwhile, consumer electronics brands benefit by offering their products in a more appealing way to our large and engaged audience of millions of active accounts.”

“Denon is consistently at the forefront of technology trends and services. Our joining the Roku TV Ready program demonstrates a continued dedication to this ethos while offering consumers an incredible value, endless entertainment and new features delivered over time,” said Brendon Stead, Senior Vice President Product Development at Sound United, parent company to Denon. “The Roku TV Ready program enables Denon users to easily access Denon product features via the Roku TV Remote, among other features. In the name of seamless entertainment, this is a boon for watchers everywhere.”

“TCL and Roku have been working to deliver incredible home entertainment innovation to consumers for many years and we’re thrilled to be extending our partnership to home audio compatibility,” said Chris Larson, Senior Vice President, TCL. “As America’s fastest-growing TV brand, we’re focused on providing a first-class home theater experience and a big part of that is ensuring consumers know their TCL television will work well with other products throughout the home.”

Availability

TCL will be the first to announce support for Roku TV Ready, with more details to be shared at their press conference later today. Sound United will deliver Roku TV Ready to soundbars under the Denon brand via a software update later this year. Roku TV Ready features are expected to be delivered to Roku TV models via the Roku operating system in the coming year. Consumer electronics companies who want to work with Roku can contact OEM@roku.com.

About Roku, Inc.

Roku pioneered streaming to the TV. We connect users to the streaming content they love, enable content publishers to build and monetize large audiences, and provide advertisers with unique capabilities to engage consumers. Roku TV models and Roku® streaming players are available in select countries around the world through direct retail sales and licensing arrangements with TV brands and service operators. Roku audio products are available in the U.S. through direct retail sales. Roku is headquartered in Los Gatos, Calif. U.S.A.

This press release contains “forward-looking” statements that are based on our beliefs and assumptions and on information currently available to us on the date of this press release. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. These statements include but are not limited to the availability, timing, benefits, impact and features of the Roku TV Ready program, Roku TV Ready program partners, and the delivery of Roku TV ready features to Roku TV models via the Roku operating system. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future. Important factors that could cause our actual results to differ materially are detailed from time to time in the reports Roku, Inc. files with the Securities and Exchange Commission, including our Form 10-K for the year ended December 31, 2018 and our Quarterly Report on Form 10-Q for the quarter ended September 30, 2019. Copies of reports filed with the SEC are posted on Roku’s website and are available from Roku without charge.

Roku and the Roku logo are registered trademarks and Roku TV and the Roku TV Ready badge are trademarks of Roku, Inc. in the US and other countries. Trade names, trademarks and service marks of other companies appearing in this press release are the property of their respective holders.

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