Fox, Roku and next phase of streaming wars
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Fox is buying Roku in a blockbuster $22 billion deal that could reshape the streaming landscape, pairing one of TV's biggest content libraries with a platform used in more than 100 million households worldwide.
Fox Corporation has agreed to buy Roku Inc. for $160 per share, an approximate enterprise value of $22 billion, the firms announced today.
Fox Corporation announced Monday that it plans to buy the video streaming giant Roku, along with its namesake channel and customer data, for $22 billion
The $22 billion deal is one of the biggest moves yet by Lachlan Murdoch, who took over for his father as chairman of Fox in 2023.
The deal will bring Roku under the Fox umbrella, which already includes the Fox broadcast network, Fox Sports, Fox News, and the free ad-supported streaming service Tubi. Under th
Roku is reportedly exploring a potential sale as media and technology companies eye its massive streaming audience and growing advertising business. The Latest Tech News, Delivered to Your Inbox
Upgrading my Roku Ultra's Ethernet port via its USB port didn't go as planned.
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