Fox Completes $22 Billion Acquisition of Roku

Fox has finalized its acquisition of streaming platform Roku for $22 billion, a deal that concluded significantly earlier than the initial 2027 projection. The merger integrates Roku's massive distribution network into Fox's media portfolio, positioning the combined entity as the third-largest television business in the United States by viewership. Through this acquisition, Fox gains direct access to over 100 million households, a move designed to bolster its advertising targeting capabilities and strengthen its footprint in the connected TV market. This strategic shift aims to reduce the company's long-term dependence on traditional linear television distribution models.

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