Anthony Wood

Fox Corp. has agreed to acquire streaming pioneer Roku in a $22 billion cash-and-stock deal, creating the third-largest U.S. television player by viewing share. The transaction includes access to 100 million global households and Roku's platform, with no immediate changes for customers, and requires shareholder and regulatory approval.

Fox Corp. has agreed to acquire streaming pioneer Roku in a $22 billion cash-and-stock deal, making the combined company the third-largest U.S. television player by viewing share. The deal will provide Fox access to Roku's 100 million global households and its platform, while Roku will remain an open platform with no immediate customer changes.

Fox Corp. has agreed to acquire streaming platform Roku in a $22 billion cash-and-stock deal, creating the third-largest U.S. television entity by viewing share. The transaction, valued at $160 per Roku share, will give Fox access to over 100 million global households and Roku's first-party data, with the combined company expected to close in the first half of next year.

Fox Corp. is acquiring streaming platform Roku in a $22 billion cash-and-stock deal, with the transaction expected to close in 2027. The combined company will merge Fox’s content and Tubi service with Roku’s connected TV platform and 100 million global streaming households. Fox shareholders will own 73% of the new entity, while Roku shareholders will hold 27%.

Fox Corp. agreed to acquire streaming pioneer Roku in a $22 billion cash-and-stock deal, including debt. The combined company will become the third-largest U.S. television player by viewing share, with no immediate changes for customers. The transaction, valued at $160 per Roku share, requires shareholder and regulatory approval and is expected to close in the first half of next year.

Fox Corp. has agreed to acquire streaming pioneer Roku in a $22 billion cash-and-stock deal, granting access to over 100 million global households and the Roku channel. The combined entity will become the third-largest U.S. television player by viewing share, with Fox CEO Lachlan Murdoch and Roku founder Anthony Wood, who will join Fox’s board, emphasizing expanded content and advertising opportunities.