Report
Fox closes $22 billion Roku takeover ahead of expected 2027 timetable
Roku joins Tubi and Fox One in a new digital division, with Anthony Wood taking a co-chair role.
TLDR
The $22 billion acquisition closed ahead of its expected 2027 timetable, putting Roku alongside Tubi and Fox One in Fox Digital Platforms. Roku founder Anthony Wood will join Fox’s board and co-chair the division. Executives pledge to keep Roku open to other content partners. Fox projects about $400 million in annualized cost savings within two years, while executive-team integration remains unresolved.
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