What happenedFox Corp. said Monday it was buying streaming and smart-TV company Roku for $22 billion, its first major acquisition since chief executive Lachlan Murdoch cemented control of his family’s media empire last year. The deal will give Fox, with its news and live sports content, a foothold in the more than 100 million households that use Roku’s platform.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Join 350,000+ subscribers and keep yourself informed with a selection of
