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Roku Falls Amid Plans to Pull Fox Channels Ahead of Super Bowl

(Bloomberg) — Roku Inc. is on pace for a more than two-month low Friday as the company began notifying customers that FOX channels will be not accessible on its platform ahead of the network’s Super Bowl broadcast this weekend.Beginning Jan. 31 “all standalone FOX channels will no longer be available on Roku streaming devices,” the company said in an e-mail. Roku encouraged customers to continue using its system to access FOX channels through other streaming apps, including: FuboTV, SlingTV, YouTube TV and Hulu’s live TV option.The news sent the stock on an abrupt downward trend, falling as much as 6.1% …read more […]

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4 Depreciation Expense Methods with Formulas and Examples

Depreciation expense can be a big portion of a company’s total expense. And since expenses decrease income, it affects the overall value of a company. Understanding what it is and the methods can help you determine if a company is as good in real life as it is on paper. That’s why I’ve put together this guide with depreciation expense methods, formulas and examples.
What is Depreciation Expense?
Depreciation is the decrease of a tangible asset’s value. It occurs over the span of its estimated useful life. This lets a company gradually write off the asset. To record depreciation, a company …read more […]