The Roku Netflix Player was originally a streaming box that then-Netflix CEO Reed Hastings decided not to build. Now Semafor reports Netflix was interested in acquiring the company before Fox closed its $22 billion deal, losing out once again after Paramount swooped in with a deal to buy Warner Bros. while enjoying a cozier relationship with this administration’s regulators. [Link: Fox wants to take over your TV — and the tech inside it | https://www.theverge.com/streaming/950116/fox-roku-takeover | The Verge]

Fox is set to buy Roku for $160 per share in a cash and stock deal, reuniting two companies after Roku's stock surged 20% on sale reports.

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…

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

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

Fox Corp is acquiring Roku in a $22 billion deal. This move aims to combine Fox's content with Roku's streaming platform. The acquisition will give Fox access to millions of…