Fox announced its $22 billion acquisition of streaming giant Roku, combining live sports and news with the booming streaming market to reshape the future of video consumption.
Fox acquires Roku for $22B (closing H1 2027), combining 100M households with Tubi as US's third-largest TV player. CTV consolidation accelerates: traditional broadcasters bet on integrated scale+ad-tech to compete vs Netflix/Amazon. Signal that fragmentation drives M&A survival strategy.
The deal is expected to close in 2027
Jun 16, 2026
03:37 am
What's the storyMedia giant Fox has announced its acquisition of streaming company Roku in a deal worth $22 billion.
The transaction, which is a combination of cash and stock, values each Roku share at $160.
Fox strikes $22 billion deal for Roku to fuel streaming push - The Economic Times
Fox strikes $22 billion deal for Roku to fuel streaming push
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