Key Details:
- The Scale: The merger combines Fox's sports, news, and Tubi services with Roku's 100 million users, making them the third-largest U.S. television player with a 5% viewing share.
- The Catalyst: The deal became urgent after regulators approved the massive merger of rivals Paramount and Warner Bros.
- Discovery. Timeline: The acquisition is expected to close in the first half of 2027, saving the companies an estimated $400 million.