Entertainment5 sources
Fox Closes $22 Billion Acquisition of Roku, Creating Streaming Giant
- Fox finalized its $22 billion acquisition of Roku, closing the deal months ahead of schedule.
- The acquisition allows Fox to integrate Fox Sports, news content, and local stations into Roku.
- Roku founder and CEO Anthony Wood will join Fox's board and co-chair the digital division.
- Fox expects to save $400 million from the deal, enhancing its streaming capabilities.
- Roku will continue to operate as an open ecosystem under the new ownership.
Articles (6)
Variety·
Fox’s Paul Cheesbrough Will Expand Duties After Roku Deal; Anjali Sud, Charlie Collier to Exit
The Verge·
Fox bought Roku
Business Insider·
Fox has finalized its Roku acquisition well ahead of schedule, forming a free streaming giant
Deadline·
Fox Corp. Closes $22 Billion Acquisition Of Roku
The Hollywood Reporter·
Fox Closes Roku Deal, Creating New Streaming Power Player
Fox Closes $22 Billion Roku Takeover, Says Streaming Platform Will Remain ‘Open Ecosystem’