The deal gives Fox access to more than 100 million households already using Roku, and will help the traditional TV giant push further into the world of streaming.

Fox Corp. is buying streaming platform Roku in a cash-and-stock deal valued at approximately $22 billion.

Fox acquires Roku for $160 a share, valuing it at about $22bn, to pair its live sports and news with the platform in 100 million streaming households.

“This is a defining moment for Fox, and a natural extension of the deliberate and focused strategy we have been executing for nearly a decade," with a strategy focused on live…

Fox Corp. is making a dramatic move to expand its streaming footprint, unveiling with plans to buy Roku in a deal that values the streaming platform at $22 billion.

Fox Corp is buying Roku in a cash-and-stock deal valued at about US$22 billion in a bet that pairing its sports and news programming with a top TV streaming platform will…

June 15 : Fox Corp is buying Roku in a cash-and-stock deal valued at about $22 billion in a bet that pairing its sports and news programming with a top TV streaming platform will…

June 15 : Fox signed an agreement to acquire Roku in a deal valued at about $22 billion, the companies said. Roku is one of the first companies to bring streaming platforms like…

Fox Corp. is buying streaming platform Roku in a cash-and-stock deal valued at approximately $22 billion

Fox is acquiring Roku, the popular streaming TV platform, in a massive $22 billion deal, the companies announced Monday.

Fox says the combined company will be the third largest in US television.

The deal gives the cable TV-reliant Fox direct access to Roku's large installed base of more than 100 million streaming households.

The deal gives the cable TV-reliant Fox direct access to Roku's large installed base of more than 100 million streaming households.

Fox, the owner of the news and sports networks, said it has reached a deal to acquire Roku for about $22 billion in enterprise value.

Fox chief executive Lachlan Murdoch said the deal would continue the media conglomerate’s reorientation towards news and live sport.

Television broadcaster Fox announced a deal to buy streaming video platform Roku in a transaction worth $22 billion. Roku stock rose.

Fox Corp. is buying streaming platform Roku in a cash-and-stock deal valued at approximately $22 billion (around €19.1bn).

The combination would create a free streaming powerhouse.

"The transaction combines FOX's leading sports, news and entertainment..."

Fox has announced that it is buying video streaming company Roku for a total of around $22 billion, including taking...

Roku’s streaming devices helped usher in the era of digital home entertainment.