BUSINESSSCMP CHINA
Fox to buy Roku for US$22 billion to fuel streaming push
Fox Corp is acquiring Roku in a US$22 billion cash-and-stock deal to enhance its streaming capabilities by combining its sports and news programming with Roku’s platform, which reaches over 100 million households. The move aims to strengthen Fox’s online presence and reduce reliance on traditional TV distribution.
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Adjacent reporting
- Fox is buying Roku in a $22 billion deal to reshape U.S. streaming
- Fox steps up streaming ambitions with $22 billion Roku acquisition
- FOX moves to acquire Roku in $22 billion deal
- Fox buying streaming platform Roku in cash-and-stock deal worth about $22 billion
- Fox buying streaming platform Roku in cash-and-stock deal worth about $22 billion
- Fox buying streaming platform Roku in cash-and-stock deal worth about $22 billion