techcrunch.com
Jun 15, 2026
Fox to acquire Roku in $22 billion deal
AI-summarised brief · reviewed before publication
Fox has agreed to acquire streaming company Roku in a $22 billion deal, combining its news and sports channels with Roku's connected TV platform. The transaction creates a media and technology company positioned to capitalize on the growth of streaming and live sports. The deal gives Fox access to Roku's 100 million households, allowing for more effective ad targeting and a wider entry into the connected TV market. The acquisition is expected to close in the first half of 2027.
💡 Why It Matters
- · The deal marks a significant shift in the streaming landscape, as Fox gains a massive audience and expands its reach in the high-growth segment of connected TV.
- · The acquisition also underscores the increasing importance of streaming in the media industry, with traditional players like Fox seeking to adapt and compete in this new environment.