{"id":2025,"date":"2026-06-15T13:06:05","date_gmt":"2026-06-15T13:06:05","guid":{"rendered":"https:\/\/homebuyerrelocation.com\/?p=2025"},"modified":"2026-06-15T13:06:05","modified_gmt":"2026-06-15T13:06:05","slug":"fox-to-buy-streaming-pioneer-roku-in-a-22-billion-deal","status":"publish","type":"post","link":"https:\/\/homebuyerrelocation.com\/?p=2025","title":{"rendered":"Fox to buy streaming pioneer Roku in a $22 billion deal"},"content":{"rendered":"
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Fox Corp. has agreed to buy the streaming pioneer Roku in a cash-and-stock deal valued at approximately $22 billion, including debt.<\/p>\n

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The deal will give Fox access to more than 100 million global households, along with the Roku channel and its first-party data. Fox oversees a massive sports, news and entertainment network, as well as Tubi, which it acquired in 2020.<\/p>\n

Roku founder Anthony Wood had initially worked within Netflix in the early 2000s as that company attempted to make the seismic shift from renting DVDs, to streaming.<\/p>\n

Roku was spun off by Netflix, however, and the company released its first set-top box in 2008.<\/p>\n

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Wood, who is Roku\u2019s chairman and CEO, said his motivation in pursuing the technology was his desire to record and play his favorite show, \u201cStar Trek.\u201d<\/p>\n

The companies said Monday that Roku will continue to be run as an open, partner-friendly platform. Fox and Roku said that the combined company will become the third-largest player in U.S. television by share of viewing.<\/p>\n

Fox Corp. CEO Lachlan Murdoch said in a statement that combining the businesses will bring together Fox\u2019s live news and sports content with a streaming platform with large viewership. It will also give Fox more exposure to advertising and streaming subscriptions.<\/p>\n

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\u201cThe combination with FOX is an extraordinary opportunity to accelerate our vision, scale faster and innovate more aggressively for viewers, partners and advertisers,\u201d Wood said in prepared remarks.<\/p>\n

Wood will have an ongoing role at the company and will join the Fox board of directors after the transaction closes.<\/p>\n

Fox will pay $96 in cash and 0.9693 shares of its Class A common stock for each Roku Class A and Class B share outstanding. The transaction is valued at $160 per Roku share.<\/p>\n

Existing Fox shareholders are expected to own approximately 73% of the combined company and Roku shareholders will own about 27%, once the deal closes.<\/p>\n

The deal is expected to close in the first half of next year. It still needs approval from Fox and Roku shareholders and also regulatory approval.<\/p>\n

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Fox\u2019s stock declined before the market open, while shares of Roku rose slightly.<\/p>\n<\/div>\n<\/div>\n

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Fox Corp. has agreed to buy the streaming pioneer Roku in a cash-and-stock deal valued at approximately $22 billion, including debt.<\/p>\n","protected":false},"author":1,"featured_media":2024,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[961],"tags":[],"class_list":["post-2025","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media-spotlight"],"yoast_head":"\nFox to buy streaming pioneer Roku in a $22 billion deal - Home Buyer Relocation<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/homebuyerrelocation.com\/?p=2025\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fox to buy streaming pioneer Roku in a $22 billion deal - Home Buyer Relocation\" \/>\n<meta property=\"og:description\" content=\"Fox Corp. has agreed to buy the streaming pioneer Roku in a cash-and-stock deal valued at approximately $22 billion, including debt.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/homebuyerrelocation.com\/?p=2025\" \/>\n<meta property=\"og:site_name\" content=\"Home Buyer Relocation\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-15T13:06:05+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/homebuyerrelocation.com\\\/?p=2025#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/homebuyerrelocation.com\\\/?p=2025\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/homebuyerrelocation.com\\\/#\\\/schema\\\/person\\\/b2ac56955b020950324cad4c6c27b42a\"},\"headline\":\"Fox to buy streaming pioneer Roku in a $22 billion deal\",\"datePublished\":\"2026-06-15T13:06:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/homebuyerrelocation.com\\\/?p=2025\"},\"wordCount\":400,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/homebuyerrelocation.com\\\/?p=2025#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/homebuyerrelocation.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/c2c617d1b4998d8da95db91c97e5f91d.webp\",\"articleSection\":[\"Media Spotlight\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/homebuyerrelocation.com\\\/?p=2025#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/homebuyerrelocation.com\\\/?p=2025\",\"url\":\"https:\\\/\\\/homebuyerrelocation.com\\\/?p=2025\",\"name\":\"Fox to buy streaming pioneer Roku in a $22 billion deal - 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