techcrunch.com
Nov 7, 2026
Fox completes its $22B acquisition of Roku
AI-summarised brief · reviewed before publication
Fox finalized its $22 billion purchase of Roku, completing one of the largest media transactions in recent years. The deal places Roku, founded in 2002, under Fox ownership and positions the combined entity as the third‑largest television business in the United States by viewership. Fox gains access to Roku’s 100 million‑household reach, aiming to enhance advertising targeting and strengthen its foothold in the connected‑TV market. The transaction closed earlier than the initially projected first half of 2027, following a Justice Department antitrust review.
💡 Why It Matters
- · The merger consolidates a vast streaming audience under a single corporate umbrella, reshaping competitive dynamics in the rapidly expanding connected‑TV sector.
