Fox Corporation to Acquire Roku in $22 Billion Deal
Fox Corporation is set to acquire streaming giant Roku for approximately $22 billion, aiming to expand its content distribution to Roku's vast global user base.
Coverage across 3 outlets
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.
Morning Metaverse
Fox is set to acquire Roku in a $22 billion deal, according to The Hollywood Reporter. Separately, UK politician Starmer announced plans to ban under-16s from social media platforms.
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.