DEVOURED
Fox to Buy Roku Streaming Service in $25 Billion Deal
Fox is set to acquire streaming platform Roku for $25 billion, aiming to consolidate its streaming assets and compete directly with Amazon and Netflix for advertising.
What: The deal between Fox and Roku is scheduled to close in the first half of 2027. It integrates Roku's distribution platform with Fox's proprietary content services like Fox Nation and Fox One.
Original article
Fox is acquiring Roku in a deal valued at around $25 billion. The deal will add scale to Fox's streaming business, subscription-based Fox One, and Fox Nation. The combined company will compete with the likes of Amazon and Netflix for ad dollars. The deal is expected to close in the first half of 2027.
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