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Why did Fox just buy the streaming platform Roku?
The deal allows Fox to sell advertising on Roku's home page, including for Fox's own content, as well as take a cut of all the subscriptions for channels available on the app.
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apnews.com
Fox to buy streaming pioneer Roku in a $22 billion deal
Fox Corp. is buying streaming platform Roku in a cash-and-stock deal valued at approximately $22 billion.
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thenextweb.com
Fox acquires Roku in a $22bn streaming bet
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.
