Fox Corporation announces acquisition of Roku for approximately $22 billion to create a streaming and live content integrated platform

robot
Abstract generation in progress
Fox Corporation announced on June 15th local time that the two parties have signed a definitive agreement, with Fox acquiring Roku through a combination of cash and stock at $160 per share, valuing the transaction at approximately $22 billion.
After the deal is completed, Fox will integrate its sports, news, and entertainment content resources and Tubi streaming platform with Roku's connected TV platform, Roku Channel, first-party data, and over 100 million global streaming households, ranking as the third-largest player in the U.S. television industry by viewership share, covering all major viewing scenarios including broadcast, cable, local, and streaming. (Interface)
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned