Fox Corp. is buying streaming platform Roku in a cash-and-stock deal valued at approximately $22 billion, including debt.
The deal will give Fox access to the Roku channel, first-party data and more than 100 million global streaming households. Fox oversees a massive media network that includes sports, news and entertainment, as well as Tubi.
The companies said Monday that Roku will continue t be run as an open, partner-friendly platform. Fox and Roku said that the combined company will become the third-largest player in U.S. television by share of viewing.
Im so glad mine were blocked from the internet when that came out. I factory reset them and they never got internet access again.
Am I ticked I cant use my smart TV as a smart TV? Sure. Am I glad I got it before that agree-or-brick? Absolutely.