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Fox to Buy Roku at $22 Billion Value in Streaming Video Push

Fox Corp. agreed to acquire Roku Inc. in a deal valued at about $22 billion including debt, creating a new television juggernaut and marking a big push into ad-supported streaming. The deal will blend Fox’s sports, news and entertainment channels, including the free, ad-supported Tubi, with Roku’s streaming platform of more than 100 million subscribers, the companies said in a statement Monday. The acquisition will create the third-largest player in the US television market by share of viewing,…

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BloombergLean L·2h ago
Fox to Buy Roku at $22 Billion Value in Streaming Video Push
Fox Corp. agreed to acquire Roku Inc. in a deal valued at about $22 billion including debt, creating a new television juggernaut and marking a big push into ad-supported streaming. The deal will blend Fox’s sports, news and entertainment channels, including the free, ad-supported Tubi, with Roku’s streaming platform of more than 100 million subscribers, the companies said in a statement Monday. The acquisition will create the third-largest player in the US television market by share of viewing,…
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Fox to Buy Roku at $22 Billion Value in Streaming Video Push

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Fox to Buy Roku at $22 Billion Value in Streaming Video Push

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