Fox is exploring an acquisition of Roku at $160 per share in a combination of cash and stock, a price that has been speculated in the market but has not been publicly confirmed.
The backstory: old friends reconnecting
Fox and Roku aren’t strangers. Fox originally took a stake of roughly 5% in Roku back in 2013, well before streaming wars became a permanent fixture of the entertainment landscape. Fox held that position until 2020, when it sold its shares to help bankroll the acquisition of Tubi, the free ad-supported streaming service.
The relationship between the two companies has remained active even after the equity sale. In May 2026, Fox launched its premium subscription service, FOX One, on The Roku Channel. That service carries a $19.99 monthly price tag and features coverage of major live events, including the FIFA World Cup 2026.
What the market has been telling us
