Fox is buying Roku for $22 billion in a megadeal that could spell the end for a popular streaming service.

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

“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 CEO Lachlan Murdoch said on Monday that the Roku acquisition marks a "defining moment" for the company.

Fox Corporation has announced plans to acquire Roku for approximately $22 billion, a strategic partnership designed to integrate Fox's renowned sports and news programming with…