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Economy & Money

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

Business | The Guardian 15 June 2026, 14:14 UTC 15 Jun 2026
Fox strikes $22bn deal for Roku to fuel streaming push
Business | The Guardian

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. 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. Continue reading...

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