Fox Completes $22 Billion Roku Acquisition, Secures Streaming Services
Fox has finalized a $22 billion acquisition deal for Roku, a move that significantly impacts the digital streaming landscape. This transaction provides Fox with ownership of two leading free, ad-supported streaming services, expanding its presence in the competitive digital media sector.
Fox has completed a $22 billion deal to acquire Roku. This significant acquisition marks a strategic expansion for Fox within the digital entertainment market.
The deal encompasses ownership of two top free, ad-supported streaming services, which will now fall under the Fox umbrella. This move is expected to enhance Fox's capabilities and reach in the growing streaming industry.
According to Hollywood Reporter, the $22 billion deal to acquire Roku also gives Fox two of the top free, ad-supported streaming services.
