Fox Corp. is buying streaming platform Roku in a cash-and-stock deal valued at approximately $22 billionByMICHELLE CHAPMAN AP business writerJune 15, 2026, 7:30 AMNEW Y0RK -- Fox Corp. is buying streaming platform Roku in a cash-and-stock deal valued at approximately $22 billion.The deal announced Monday will give Fox access to the Roku channel, first-party data and more than 100 million global streaming households. Fox is a media giant that includes sports, news and entertainment content as well as Tubi.Fox will pay $96 in cash and 0.9693 shares of its Class A common stock for each Roku Class A and Class B share outstanding. The transaction is valued at $160 per Roku share.Popular ReadsExisting Fox shareholders are expected to own approximately 73% of the combined company and Roku shareholders will own about 27%, once the deal closes.The deal is expected to close in the first half of next year. It still needs approval from Fox and Roku shareholders and also regulatory approval.
Fox buying streaming platform Roku in cash-and-stock deal worth about $22 billion
Fox Corp. is buying streaming platform Roku in a cash-and-stock deal valued at approximately $22 billion
TL;DRAI
Fox announces $22B deal for Roku, securing 100M+ streaming households and first-party viewer data. Legacy broadcasters gain control of distribution platforms and audience intelligence—reshaping ad-tech stack and programmatic buying for enterprise decisions.
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