Mon, 15 Jun 2026 12:35:47 GMT
Fox Acquires Roku for $22B
Fox is buying streaming platform Roku for $22 billion to aggressively scale up its digital presence and compete with industry giants like Netflix and YouTube. 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