Fox to acquire streaming platform Roku in $22 billion deal

The company also announced it would acquire Roku for $160 per share in a cash and stock transaction

by e4m Staff
Published: Jun 15, 2026 6:04 PM | 1 min read

Fox Corp is acquiring Roku in a cash-and-stock deal valued at approximately $22 billion, offering $160 per share.
The acquisition aims to enhance Fox's presence in the digital streaming market by integrating its sports and news programming with Roku's streaming ecosystem.
The deal provides Fox with direct access to Roku's user base of over 100 million streaming households.
The combined entity will become the third largest player in U.S. television by viewing share, merging Fox’s content with Roku’s hardware and advertising business.

Fox Corp is set to acquire Roku in a cash-and-stock transaction valued at around $22 billion, media reports stated. The company also announced it would acquire Roku for $160 per share in a cash and stock transaction. This marks a major step in the company's efforts to expand its presence in the digital streaming market.

The acquisition will combine Fox's strong portfolio of sports and news programming with Roku's extensive streaming ecosystem. By gaining direct access to Roku's user base, Fox aims to strengthen audience engagement and improve its digital distribution capabilities.

The deal, announced on Monday, gives Fox direct access to Roku's large installed base of more than 100 million streaming households. As per media reports, the combined entity becomes the third largest player in US television by viewing share, fusing Fox’s sports, news and entertainment content (plus Tubi, its ad supported streaming service) with Roku’s connected TV hardware, branded TVs, and growing ad business.