Fox Corporation is acquiring Roku, Inc. in a cash-and-stock transaction valued at $160.00 per share. This deal combines Fox's leading sports, news, and entertainment content with Roku's streaming platform, Tubi, and The Roku Channel. The combined company will have one of the largest streaming businesses in the U.S., reaching over 100 million households. This acquisition will increase scale and reach, expand high-growth verticals, create a more powerful streaming platform, and enhance long-term growth. The transaction is expected to close in the first half of 2027, subject to regulatory approvals and other customary conditions. This move is a strategic extension of Fox's focus on live news and sports, and a natural step in the evolution of the media and technology landscape.
