Business
Source: Globe and Mail
Fox Corp. to Acquire Streaming Pioneer Roku in $22 Billion Deal
Fox Corp. has reached an agreement to acquire Roku, a prominent streaming technology company, in a deal valued at approximately US$22 billion. The transaction is structured as a cash-and-stock acquisition and includes Roku's existing debt.
By Fainaron·Jun 15, 2026 (5 days ago)·2 views
Fox Corp. has announced its intention to acquire Roku, a company recognized as a pioneer in the streaming industry. The acquisition is structured as a cash-and-stock transaction.
The total value of the deal is estimated to be approximately US$22 billion. This valuation incorporates Roku's outstanding debt, making it a significant merger within the media and technology sectors.
According to Globe and Mail, the agreement signifies a major strategic move for Fox Corp. into the streaming market.
Source attribution: This article was AI-curated and rewritten by Fainaron from a piece originally published by Globe and Mail. Read the original at Globe and Mail →
