Fox Corporation has announced plans to acquire Roku, a streaming firm, in a deal valued at $22 billion. This acquisition is intended to enhance Fox's offerings by integrating streaming services with its existing news and sports content, positioning the company to better compete as television viewership increasingly shifts online.
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Fox to Acquire Roku Streaming Company for $22 Billion
Fox Corporation is set to acquire Roku in a $22 billion deal aimed at strengthening its position in the evolving television landscape. The integration of Roku's streaming services with Fox's news and sports content is expected to enhance its market competitiveness.
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Fox to buy Roku streaming firm in $22bn deal
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Fox to Acquire Roku Streaming Company for $22 Billion