Variety ·entertainment ·1 hour ago

Fox Is Buying Roku in $22 Billion Deal

Fox Corp. agreed to acquire Roku for $22 billion on Monday, valuing the streaming platform at $160.00 per share. The deal aims to combine Fox's extensive content with Roku’s platform, potentially making the combined company the third-largest U.S. TV player by viewing share. The acquisition is expected to close in the first half of 2027.

Summary by Glance · Variety

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