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Fox strikes $22bn deal for Roku to fuel streaming push

Deal gives network access to more than 100m households using Roku streaming platformFox Corp is buying Roku in a cash-and-stock deal ⁠valued at about $22bn in a bet that pairing its sports and news programming with a top TV streaming platform will strengthen its position as audiences shift online.The deal, ⁠announced on Monday, gives ⁠Fox access to ​the more than 100m households using Roku’s streaming platform, potentially helping the cable TV-reliant media company better target ads and reduce r

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Fox strikes $22bn deal for Roku to fuel streaming push

Fox strikes $22bn deal for Roku to fuel streaming push

Published June 15, 2026 · Category: Markets

Overview

Deal gives network access to more than 100m households using Roku streaming platform

Fox Corp is buying Roku in a cash-and-stock deal ⁠valued at about $22bn in a bet that pairing its sports and news programming with a top TV streaming platform will strengthen its position as audiences shift online.

Details

The deal, ⁠announced on Monday, gives ⁠Fox access to ​the more than 100m households using Roku’s streaming platform, potentially helping the cable TV-reliant media company better target ads and reduce reliance on traditional distribution.

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Source

Originally published at www.theguardian.com.

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