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

The Guardian Business Monday 15 June 2026, 14:14 UTC By Reuters 1 min read
Key Points

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...

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.

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Fox (ORG) Roku (ORG) platformFox Corp (ORG)
Originally published by The Guardian Business Read original →

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