Fox Corp buys Roku in $22 billion cash-and-stock streaming giant deal
18 sources·16h ago·mainstream

Fox Corp buys Roku for $22 billion in cash-and-stock deal, creating a free-streaming giant

Washington Post—Fox Corporation agreed to acquire Roku — which controls 40% of the US streaming device market and has more than 80 million active accounts — for $22 billion in a cash-and-stock transaction at $160 per share, with the deal expected to close in the first half of 2027 pending regulatory approval. Fox plans to make its streaming service free to cord-cutters, bundling content with Roku's hardware and large installed base. The acquisition gives Fox a major foothold in online TV as the cable era fades.

Fox Corp buys Roku for $22 billion in cash-and-stock deal, creating a free-streaming giant · Noozday