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Media mergers and acquisitions stories

Jun 15, 2026

Fox Acquires Roku in $22 Billion Deal

Fox Corp. has agreed to acquire streaming pioneer Roku in a $22 billion transaction, marking a major consolidation in the streaming industry.

Jun 15, 2026·1 source

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Top claims

▪Roku was spun off by Netflix and released its first set-top box in 2008.
▪Roku was founded by Anthony Wood, who serves as the company's chairman and CEO.
▪Upon closing, Fox shareholders will own approximately 73% of the combined company, with Roku shareholders owning about 27%.

Subtopics

Streaming platforms

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