Media Mergers and Acquisitions

Fox to Acquire Roku in $22 Billion Deal, Expanding Streaming Ad Reach

Fox Corporation announced its acquisition of Roku for approximately $22 billion in a cash-and-stock transaction, a strategic move designed to significantly enhance Fox's advertising business and expand its digital reach across more than 100 million households. The deal, expected to close in the first half of 2027, will integrate Roku's streaming platform with Fox's sports and news content, marking a major expansion under Lachlan Murdoch's leadership.

By Tumisang Bogwasi 1 min read
Fox to Acquire Roku in $22 Billion Deal, Expanding Streaming Ad Reach (from news)
Fox Corporation announced its acquisition of Roku for approximately $22 billion in a cash-and-stock transaction, a strategic move designed to significantly enhance Fox's advertising business and expand its digital reach across more than 100 million households. The deal, expected to close in the firs

NEW YORK, United States – Fox Corporation has announced an agreement to acquire streaming technology company Roku Inc. for an estimated $22 billion in a combination of cash and stock, a strategic move poised to significantly bolster Fox’s digital advertising revenue and expand its reach into over 100 million households. The transaction, unanimously approved by both companies’ boards, targets a first-half 2027 closing, according to corporate statements Fox Investor Relations.

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Tumisang Bogwasi

Tumisang Bogwasi, Founder & CEO of Brimco. 2X Award-Winning Entrepreneur. It all started with a popsicle stand.

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