Streaming service prices typically rise after a consolidation, but is that what’s ahead for Roku customers?

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.

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