Fox just made a $22 billion play for your TV screen by buying Roku

**TL;DR:** Fox just made a $22 billion play for your TV screen by buying Roku

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Credit: Roku TL;DR Fox Corporation is acquiring Roku in a cash-and-stock transaction valued at $160 per share, marking its largest digital expansion. The merger combines Fox’s Tubi and The Roku Channel, positioning the unified entity behind only YouTube and Netflix in US viewing time. The deal is expected to close in the first half of 2027, following regulatory approvals. The streaming landscape is in for a massive seismic shift. Fox Corporation announced that it is acquiring streaming giant Roku in a blockbuster deal valued at roughly $22 billion.

The cash-and-stock transaction, which sees Fox paying $160 per share, marks the broadcasting giant’s biggest push into digital entertainment. For millions of viewers, the merger means two of the biggest hubs for free, ad-supported streaming, Fox’s Tubi and The Roku Channel, are officially joining forces under one roof.

Source: Android Authority

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Last updated: June 16, 2026.

Additional context: early-cycle stories often look bigger in headlines than in day-to-day impact. The useful move is to identify the smallest set of facts that would change your decision, then wait for those facts to land.

Additional context: early-cycle stories often look bigger in headlines than in day-to-day impact. The useful move is to identify the smallest set of facts that would change your decision, then wait for those facts to land.

Additional context: early-cycle stories often look bigger in headlines than in day-to-day impact. The useful move is to identify the smallest set of facts that would change your decision, then wait for those facts to land.