Fox Corporation will acquire Roku, Inc. in a cash and stock deal valued at $160.00 per share. The transaction gives the streaming platform an enterprise value of approximately $22 billion.
The merger combines Fox’s news, sports, and entertainment portfolio with Roku’s 100 million global streaming households. This integration links Fox’s Tubi service with Roku’s advertising technology and first-party data.
The deal creates a vertically integrated ecosystem for content creation, distribution, and monetization. While the move faces potential regulatory scrutiny, it aims to directly challenge established streaming giants.