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Fox Completes $22 Billion Acquisition of Roku

Business · First reported 6 Nov, 14:38 · Updated 16:25

Image: Wikimedia Commons · NASA Johnson Space Center · Public domain

Fox has completed its $22 billion acquisition of Roku, gaining access to a streaming platform used in more than 100 million households. The companies say the deal is intended to expand Fox’s digital reach and advertising capabilities; the articles also report changes to Roku’s leadership and ownership.

  • Fox completed its $22 billion acquisition of Roku on Friday, November 6, 2026; the deal was announced in June. (52fe172f-eb19-453c-9de2-c6b523bc9b32; a5baa24a-eafc-40ce-9ca3-fed1e21d5c36; 322782ca-c0df-49ce-9b67-46bf2b4a80cb)
  • Fox gains access to Roku’s platform, which reaches more than 100 million households. The articles describe this as a way to grow Fox’s digital audience and advertising business. (52fe172f-eb19-453c-9de2-c6b523bc9b32; a5baa24a-eafc-40ce-9ca3-fed1e21d5c36; 322782ca-c0df-49ce-9b67-46bf2b4a80cb)
  • Fox says Roku founder Andy Wood will join its board and co-chair Fox Digital Platforms alongside Paul Cheesbrough, who will also serve as the division’s CEO. (322782ca-c0df-49ce-9b67-46bf2b4a80cb)
  • The reported deal terms give former Roku shareholders about 26% of Fox’s outstanding common stock, with existing Fox shareholders holding about 74%; Roku shares ceased trading on Nasdaq on Friday. (322782ca-c0df-49ce-9b67-46bf2b4a80cb)
  • TechCrunch reports that the Justice Department had sought additional information from both companies during an antitrust review and that the deal closed earlier than the companies’ initial first-half-of-2027 estimate. (52fe172f-eb19-453c-9de2-c6b523bc9b32)
Summary written by Lux AI from 3 articles

Key facts

Acquisition value
$22 billion
Completion date
November 6, 2026
Roku platform reach
More than 100 million households
Roku shareholder consideration
$95.30 in cash and 0.9799 Fox Class A shares per Roku share
Ownership after transaction
Fox shareholders about 74%; former Roku shareholders about 26%

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Left 1 · Centre 1 · Right 1 of 3 rated sources

Images from the coverage

Image: CNA
Image: New York Post

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Ownership

  • Billionaire 33% (1)
  • Corporation 33% (1)
  • Government 33% (1)

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