Fox Buys Roku In $22 Billion Deal To Build "Next-Gen Media" Giant
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Source: Zero Hedge
Published: 2026-06-15 22:15 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Culture & Entertainment, Economy & Finance, Financial Markets, Media, Business & Economy
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Snippet:
Fox agreed to acquire Roku for $160 per share in a cash-and-stock deal, valuing Roku at around $22 billion. The deal marks a major push by Fox into connected TV, streaming advertising, and direct-to-consumer distribution.
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