SMH ·general ·2 hours ago

Lachlan Murdoch’s Fox Corp to buy streaming platform in $22 billion deal

Fox Corporation agreed to acquire streaming platform Roku in a $22 billion cash-and-stock deal announced Monday. The transaction will provide Fox access to over 100 million households and enhance its content offerings. Roku CEO Anthony Wood stated the deal represents an extraordinary opportunity for accelerated growth and innovation in the streaming market.

Summary by Glance · SMH

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