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Fox is buying Roku for $22 billion
06/15/26 09:48 AM




Fox is buying Roku for $22 billion

By Jordan Valinsky, CNN

New York (CNN) — Fox is acquiring Roku, the popular streaming TV platform, in a massive $22 billion deal, the companies announced Monday.

Fox has dabbled in streaming over the past few years — finally launching its Fox One competitor last August — but has lacked a serious streaming business with the ability to compete in a space dominated by YouTube, Netflix, Amazon, Disney+, HBO Max, Paramount+ and Peacock. With CNN parent company Warner Bros. Discovery receiving initial US regulatory approval to combine with Paramount, Fox’s purchase of Roku became more urgent…..

The transaction makes Fox a much more competitive streaming player, combining Fox’s sports, news and entertainment shows, as well its free Tubi streaming service, with Roku’s devices and popular services that reach 100 million people…..

https://www.cnn.com/2026/06/15/business/fox-roku

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* Fox is buying Roku for $22 billion
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06/15/26 09:48 AM

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