Big changes could be coming to Roku TVs and streaming devices

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 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.