BUSINESSJun 15 · 11:58 UTCBUSINESS INSIDERLara O'Reilly ([email protected])

Fox steps up streaming ambitions with $22 billion Roku acquisition

Fox is acquiring Roku for $22 billion to boost its streaming ambitions, combining Fox's sports, news, and entertainment content with Roku's connected-TV devices and digital ads business. The deal, expected to close in the first half of 2027, would make Fox the third-largest player in US TV by share of viewing.

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Mentioned

FoxorganizationRokuorganizationLachlan MurdochpersonRich GreenfieldpersonLightshed Partnersorganizationstreaming TVtopicconnected-TV platformtopicdigital adstopic

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