News · 15 June 2026
Fox buys Roku streaming firm for $22bn
Fox Broadcasting Company via Wikimedia Commons (Public Domain)
This $22bn deal gives Fox access to over 100 million households, aiming to boost its streaming presence significantly. Fox, run by Lachlan Murdoch, agreed to pay $160 per share for Roku, which brought streaming platforms like Netflix to TVs. The combined company aims to become the third-largest player in US television by share of viewing.
Reported by Sky News · How we write briefs