The entertainment industry has officially entered the era of streaming, with innumerable companies battling it out for supremacy in television, film, gaming, and music. Netflix was the early pioneer of this model, but the company is being forced to evolve to stay competitive against all the other brands that have cropped up around it.
Some streaming companies are beginning to envisage a world in which these platforms encompass everything, integrating different sectors of entertainment and diverse cultures around the world. Roku is one brand to watch out for, and projections suggest its stock could be on the rise in 2022.
Roku Aims to Become the World’s Interconnected TV Ecosystem
Roku was one of the first companies to bring streaming to the TV. It was formed in 2008 and began as boxes that could be plugged into the screen. Over ten generations of hardware, the service has gone from a clunky box to a slick streaming stick that plugs into smart devices and computers. Walmart is also selling a budget model, where the only difference is a lack of 4K and HDR10 support.
There are a few streaming services that have been identified as ones to watch in 2022 and beyond. These include FuboTV, Netflix, and Roku. Netflix is still there as the powerhouse of the industry, while the other two are seen as up-and-coming options that could make waves in the future. Roku’s mission is to become an interconnected television ecosystem for countries all over the world. It could act as the intermediary for content in different languages and from diverse cultures. This vision is something that Netflix may strive to achieve as well, as it too has recently increased its variety of content from countries around the globe.
Could Streaming be Moving Towards Fully Integrated Entertainment Platforms?
The streaming stocks that are noteworthy investments are those that are looking to expand beyond their initial offering. For example, Netflix is now looking to develop its gaming service that is going to be available to existing subscribers. It has taken on many developers to work on the titles.
It appears streaming could be moving forward into an age in which services offer different offshoots of the entertainment industry in one place. One opportunity for success in this regard would be for a company to begin encompassing casino games, as this sector is booming. Online casinos were among the first to offer live streaming, and now it has become a staple. This form of playing is so popular that players now use review sites to find a list of the best online live dealer casinos. These are scored based on their offers and the games available. The rise of live dealer games has happened at the same pace of streaming, both of which have similar contents of providing content anytime anywhere.
Whatever gaming platform begins to integrate casino games first could flourish. Another concept that could happen in the future is for sports streaming and online betting being available at the same place.
The streaming world is evolving at a rapid pace, and forward-thinking companies like Roku are ones to watch out for. Streaming libraries are soon going to go way beyond just offering one category of entertainment and could soon become all-encompassing pleasure platforms.