Fox Corporation to Acquire Roku in $22 Billion Deal
Fox Corporation has announced its intention to acquire streaming technology company Roku in a cash-and-stock transaction valued at approximately $22 billion, with shares priced at $160 each. This marks Fox's largest digital expansion and will merge its free streaming service, Tubi, with The Roku Channel. The combined entity is projected to become a significant player in the free, ad-supported streaming market, positioning itself behind only YouTube and Netflix in US viewing time. The acquisition is expected to conclude in the first half of 2027, subject to regulatory approvals.
Fox Corporation is set to acquire streaming platform Roku in a deal valued at approximately $22 billion. The transaction, structured as a cash-and-stock acquisition, sees Fox paying $160 per share for Roku.
This strategic move represents Fox Corporation's most significant expansion into the digital entertainment landscape. A key outcome of the merger will be the unification of Fox’s Tubi and The Roku Channel, both prominent free, ad-supported streaming services, under a single operational umbrella.
The combined platform is anticipated to significantly impact the streaming market. Industry analysts suggest the merged entity will rank behind only YouTube and Netflix in terms of US viewing time for streaming content, establishing a major force in the sector.
The acquisition is currently pending regulatory approvals and is projected to finalize during the first half of 2027, indicating a phased integration process.
According to Android Authority, this acquisition signifies a major shift within the streaming landscape.
