Fox bought Roku
Variety
What the coverage says
Fox Corp. has completed its acquisition of streaming platform Roku in a deal valued at $22 billion. The transaction has closed well ahead of its expected 2027 date, according to Variety. The Verge notes that the agreement was officially announced in June, and the companies announced the closing on Friday. Following the purchase, Roku founder and CEO Anthony Wood will join the Fox board of directors as co-chair of Fox Digital, Variety reports. The Verge adds that Roku's integration places a major streaming platform reaching more than 100 million households in the US under the Fox umbrella.
Written by HeadlineShine from 2 outlets' reporting, with AI assistance. Each outlet's own story is listed alongside.
Timeline
- Variety first reported it
- The Verge reported it
- Latest update
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