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Fox Corporation
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Shack News
Fox to acquire Roku for around $22 billion
Fox Corporation has announced a deal to acquire Roku for approximately $22 billion, with shares valued at around $160 each in a mix of cash and stock. The acquisition is expected to close in the first half of 2027. Fox plans to leverage Roku's 100 million global streaming households to distribute its content, including sports, news, and entertainment.
Engadget
Fox is buying Roku for $22 billion
Fox Corporation is acquiring Roku for $22 billion, encompassing its streaming devices and ecosystem. This significant merger and acquisition deal signals a major shift in the streaming services landscape.