Deal gives network access to more than 100m households using Roku streaming platform Fox Corp is buying Roku in a cash-and-stock deal valued at about $22bn in a bet that pairing its sports and news programming with a top TV streaming platform will strengthen its position as audiences shift online. The deal, announced on Monday, gives Fox access to the more than 100m households using Roku’s streaming platform, potentially helping the cable TV-reliant media company better target ads and reduce reliance on traditional distribution. It is Fox’s first major acquisition since its CEO and chairman, Lachlan Murdoch, cemented control over the media empire his father Rupert built, following a family settlement last year. Lachlan on Monday called the Roku deal a “defining moment” for Fox that brings “together the most valuable live content portfolio in video consumption with the preeminent streaming platform through which America watches it”. Fox shares fell 8% in premarket trading. Roku rose 2.6% to $147.5, but traded below the offer price of $160 per share. One of the first companies to bring streaming platforms like Netflix and YouTube to television through connected devices and
Jun 15, 2026 → Jun 15, 2026
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Read original at The Verge →3 updates from 3 sources.
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Read original at The Verge →Fox Corp is acquiring the platform for a tidy sum Once again, the entertainment and broadcasting world has become a bit smaller. Fox Corp is buying Roku in a $22 billion deal that will give the media company access to…
Read original at Polygon →Deal gives network access to more than 100m households using Roku streaming platform Fox Corp is buying Roku in a cash-and-stock deal valued at about $22bn in a bet that pairing its sports and news programming with a…
Read original at The Guardian →What this story stands on. Tier 0 is a primary record or the subject's own words; higher tiers must be attributed, never stated as bare fact.
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View source →Fox Corp is acquiring the platform for a tidy sum Once again, the entertainment and broadcasting world has become a bit smaller. Fox Corp is buying Roku in a $22 billion deal that will give the media company access to Roku’s 100 million…
View source →Deal gives network access to more than 100m households using Roku streaming platform Fox Corp is buying Roku in a cash-and-stock deal valued at about $22bn in a bet that pairing its sports and news programming with a top TV streaming…
View source →Tier key: T0 = Primary source · T1 = Wire · T2 = Outlet report · T3 = Commentary
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