Fox Corporation has entered into a definitive agreement to acquire streaming platform Roku, Inc. for an estimated enterprise value of $22 billion. The deal, announced Monday, will see Fox pay $160.00 per share, comprising $96.00 in cash and 0.9693 shares of FOX Class A common stock. This strategic move aims to expand Fox's scale and reach within the rapidly growing connected television market, creating a more robust streaming platform.
The transaction is anticipated to conclude in the first half of 2027. Upon completion, current FOX shareholders are projected to hold roughly 73% of the combined entity, with Roku shareholders retaining approximately 27%. Both companies' Boards of Directors have unanimously approved the acquisition.
Anthony Wood, Roku's Founder, Chairman, and Chief Executive Officer, is slated to join the combined company and will be appointed to the FOX Board of Directors post-acquisition. The Roku Channel platform currently offers a selection of anime titles, and its devices also facilitate streaming from services like Crunchyroll.
This acquisition follows Fox's 2020 purchase of the streaming service Tubi for around $440 million, further solidifying its position in the digital content landscape. Source: Anime News Network(https://www.animenewsnetwork.com/news/2026-06-15/fox-corporation-to-acquire-roku/.238548)
