After two decades on its own, Roku is being sold for $22 billion to this company
Headline from Digital Trends
Fox is buying Roku in a blockbuster $22 billion deal that could reshape the streaming landscape, pairing one of TV's biggest content libraries with a platform used in more than 100 million households worldwide.
Digital Trends's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Fox is buying Roku in a blockbuster $22 billion deal that could reshape the streaming landscape, pairing one of TV's biggest content libraries with a platform used in more than 100 million households worldwide.
Fox Corp is buying Roku in a cash-and-stock deal valued at about $22 billion, marking a significant bet for the broadcaster that the streaming platform will strengthen its advertising business and expand online reach for its sports and news content.
Fox Corp. is making a dramatic move to expand its streaming footprint, unveiling with plans to buy Roku in a deal that values the streaming platform at $22 billion.
Fox Corp. is buying streaming giant Roku in a blockbuster deal valued at roughly $22 billion, including debt, creating a media powerhouse that the companies say will become the third-largest player in US television by share of viewing.
The deal will combine the Murdoch family's media assets, which include broadcast channels, with the San José-based streaming company that has 100 million viewers.
Fox Corporation announced a $22 billion acquisition of Roku, pairing its NFL, MLB and news portfolios with the leading connected TV streaming platform in America.
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After two decades on its own, Roku is being sold for $22 billion to this company | Since Then