Fox Corporation is buying Roku in a deal worth approximately $22 billion in enterprise value.
The agreed-upon price comes out to $160 per Roku share, paid as $96 in cash plus 0.9693 shares of FOX Class A common stock for each Roku share. The deal, announced on June 15, is expected to close in the first half of 2027, pending shareholder approval and regulatory clearances.
What the deal looks like under the hood
Roku founder Anthony Wood and related entities have signed voting and support agreements backing the merger. LGC Holdco LLC has done the same.
Just weeks before the acquisition announcement, on May 26, Roku added Fox One premium subscriptions to The Roku Channel.
