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2 clusters · 12 sources · 6 days · First seen 8 days ago · Last updated 3 days ago

Fox Corporation acquisition of Roku

Overview

Fox Corporation has finalized its $22 billion acquisition of the streaming platform Roku, closing the deal on November 6, 2026. The transaction followed the conclusion of an antitrust review by the U.S. Department of Justice.

Under the terms of the merger, Roku shareholders received $95.30 in cash and 0.9799 shares of Fox Class A common stock for each share held. Following the transaction, existing Fox shareholders own approximately 74% of the combined company, while former Roku investors hold roughly 26%.

To secure regulatory approval, Fox committed to maintaining Roku as an “open distribution platform” for at least three years, pledging not to discriminate against third-party content providers. The acquisition integrates Roku, Tubi, and FOX One into Fox’s digital portfolio.

As part of the new organizational structure, Roku founder Anthony Wood will serve as co-president of the newly formed Fox Digital Platforms division alongside Tubi CEO Paul Cheesbrough. Fox aims to achieve approximately $400 million in annualized cost synergies within two years of the merger.

Entities

U.S. Department of Justice · Lachlan Murdoch · Roku · US Department of Justice · Fox Corporation

Claims

What the coverage asserts, and how many sources carry each claim.

[● 3 SOURCES] Fox Corporation completed its acquisition of Roku for $22 billion. columnadigital.com · www.it-boltwise.de · businessnews.com.my
[● 3 SOURCES] The acquisition closed on November 6, 2026. www.merca20.com · columnadigital.com · businessnews.com.my
[● 2 SOURCES] Roku shareholders received $95.30 in cash and 0.9799 shares of Fox Class A common stock per share. pulse2.com · businessnews.com.my
[● 2 SOURCES] Existing Fox stockholders own approximately 74% of the combined company. pulse2.com · businessnews.com.my
[○ 1 SOURCE] Fox targets approximately $400 million in annualized cost synergies within two years. pulse2.com
[○ 1 SOURCE] The US Department of Justice closed its antitrust investigation into the acquisition. businessnews.com.my
[○ 1 SOURCE] Fox committed to ensuring the Roku platform remains an open ecosystem for at least three years. columnadigital.com
[○ 1 SOURCE] Anthony Wood will serve as co-president of the Fox Digital Platforms division. columnadigital.com

Timeline

3 days ago

[BUSINESS] 5 sources
Fox Corporation completes $22 billion acquisition of Roku
Fox Corporation has completed its $22 billion acquisition of Roku, integrating the streaming platform to expand its digital presence and targeting $400 million in annual cost savings.
8 days ago

[BUSINESS] 7 sources
Roku reports strong Q3 earnings amid pending Fox merger
Roku surpassed Q3 expectations with $1.5 billion in revenue and $183 million in net income as its $22 billion merger with Fox awaits U.S. regulatory approval.

Sources

advanced-television.com · businessnews.com.my · columnadigital.com · cordcuttersnews.com · deadline.com · it-boltwise.de · merca20.com · pmi-cd.com · pulse2.com · semafor.com · theascent.com · variety.com

This summary has been updated 1 time: see revision history