20 percent of Roku subscribers said to be cutting the cord

As many as one-fifth of Roku set-top box owners are cutting cable and satellite services and relying on their broadband connections for television, Roku Vice President Jim Funk said during an interview with Beet.TV.

Funk, in the televised interview, said that he expects the number of Roku devices in the market to triple from one million to three million this year, driven by the company's new retail strategy. The Roku box connects to TV sets via WiFi or Ethernet and streams multiple free and subscription TV services, including movie service Epix.

For more:
- Beet.TV has this story

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