SMH
·general
·1 hour ago
Lachlan Murdoch leads Fox's $22 billion acquisition of Roku
Lachlan Murdoch announced Fox's bold $22 billion acquisition of Roku on June 16, 2026. The move, aimed at solidifying his leadership amid investor concerns, follows his brother James' recent $300 million acquisition of Vox Media. This strategic purchase, however, raises questions about whether Fox has overpaid for a declining asset within the rapidly changing media landscape.
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