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Roku was founded by Anthony Wood in 2002; he had previously founded ReplayTV, a DVR company that competed with TiVo. [4] After ReplayTV's failure, Wood worked for a while at Netflix. In 2007, Wood's company began working with Netflix on Project:Griffin, a set-top box to allow Netflix users to stream Netflix content to their TVs. [4]
Netflix's association with Roku also involved Wood taking a part-time job at Netflix to make a device to stream Netflix while serving as Roku's CEO. [7] Roku launched the first connected TV device to stream Netflix in May 2008, and continued to sell devices that plug into TVs, allowing consumers to access streaming services.
In 2002, Wood founded Roku, Inc., his sixth startup, to market home digital devices. "Roku" means “six” in Japanese. [13] In 2007 Netflix, Inc. employed Wood as the vice president of Netflix's "Internet TV", directly under Reed Hastings. [15] Wood continued to be the CEO of Roku in this period. [2]
Netflix was founded by Marc Randolph and Reed Hastings on August 29, 1997, in Scotts Valley, California. Hastings, a computer scientist and mathematician, was a co-founder of Pure Software, which was acquired by Rational Software that year for $750 million, the then biggest acquisition in Silicon Valley history. [10]
The company is headquartered in Los Gatos, California and was founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California. This is an abridged history of the formation and growth of Netflix, which has grown to become the largest entertainment company in the United States in terms of market capitalization as of 2020.
Netflix was founded by Marc Randolph and Reed Hastings on August 29, 1997, in Scotts Valley, California. Hastings, a computer scientist and mathematician, was a cofounder of Pure Software, which was acquired by Rational Software that year for $750 million, the then biggest acquisition in Silicon Valley history. [16]
The Roku OS is the most popular TV operating system in the U.S., reaching an estimated 90 million households as of 2025. [4] [5] [6] The Roku OS works as a streaming platform that hosts both "free" and paid streaming channels through its graphical user interface. [7] [8] It has been reported to be easy to use and powerful.
The Roku Channel was launched in September 2017 as a free, ad-supported streaming television service ("FAST"), [1] [13] available to viewers in the U.S. [14] Roku's CEO Anthony Wood stated in the same month that the channel was a "way for content owners to publish their content on Roku without writing an app". [15]