Fox Strikes $22B Deal To Buy Roku
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Roku is reportedly exploring a potential sale as media and technology companies eye its massive streaming audience and growing advertising business. The Latest Tech News, Delivered to Your Inbox
Fox Corporation has agreed to buy Roku Inc. for $160 per share, an approximate enterprise value of $22 billion, the firms announced today.
Fox's Roku deal exposes a Netflix blind spot
The $22 billion deal is one of the biggest moves yet by Lachlan Murdoch, who took over for his father as chairman of Fox in 2023.
