Politics
Fox to Buy Roku at $22 Billion Value in Streaming Video Push
Key Points
Fox to Buy Roku at $22 Billion Value in Streaming Video Push Fox Corp. will acquire Roku Inc. for $160 a share in a cash-and-stock deal that values the streaming video platform at an enterprise value of about $22 billion. The deal, which is expected to close in the first half of 2027, will combine Fox’s sports, news and entertainment with the platform that has more than 100 million subscribers, the companies said in a statement Monday. Bloomberg on Friday reported Roku was in talks on a sale.
Fox to Buy Roku at $22 Billion Value in Streaming Video Push
Fox Corp. will acquire Roku Inc. for $160 a share in a cash-and-stock deal that values the streaming video platform at an enterprise value of about $22 billion.
The deal, which is expected to close in the first half of 2027, will combine Fox’s sports, news and entertainment with the platform that has more than 100 million subscribers, the companies said in a statement Monday. Bloomberg on Friday reported Roku was in talks on a sale.