The merger combines Fox's media assets with Roku's distribution.
Fox says it is acquiring Roku in a deal worth around $22B, including debt, giving it access to more than 100M streaming households (@jdeavila / Wall Street Journal)
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Users are excited about Fox acquiring Roku in a $22 billion deal because it makes the streaming wars more interesting and could create a powerhouse combination.
@business streaming wars just got serious
@business Somebody always knows….stock was up 20% on Friday
@WSJ Fox buying Roku is not just a streaming deal.
It is a land grab for distribution, data, ads, and control of the living room.
Content alone is not enough anymore.
The real power is owning the rails where attention flows.
Fox will acquire Roku for $160 a share in a cash-and-stock deal that values the streaming video platform at an enterprise value of about $22 billion https://www.bloomberg.com/news/articles/2026-06-15/fox-to-buy-roku-at-22-billion-value-in-streaming-video-push?taid=6a2fe18ddb29740001ce1322&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter
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Fox said it is buying streaming company Roku in a deal valued at around $22 billion, including debt https://on.wsj.com/4oqLbGu
@WSJ
Fox Corporation has officially entered a definitive agreement to acquire Roku in a cash-and-stock transaction valued at approximately $22 billion. This monumental media consolidation combines Fox’s powerhouse live sports, news, and entertainment assets with Roku's massive connected TV ecosystem.
@WSJ kinda wild seeing fox double down on hardware now, curious what they cut to make this work
@business Distribution is everything in media.
Fox gets Roku's platform. Roku gets Fox's content.
The real battle isn't streaming anymore—it's owning the relationship with the viewer.
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@WSJ Roku developed so fast
📺 Fox bought Roku for $22 billion, changing the streaming wars.
At $160 per share, $96 in cash, and the rest in Fox stock, the deal combines Fox's live sports, news, and Tubi with Roku's TV platform, which reaches over 100 million households globally.
Roku has the pipes: 100 million streaming households, first-party data, and OS on millions of TVs. Fox has the content: NFL, MLB, college sports, Fox News, Tubi.
One has the audience, the other what they watch. Roku's Q1 2026 revenue was $1.25 billion, up 22% YoY; platform revenue up 28%. Streaming hours hit 38.7 billion.
Fox isn't buying a struggling company but a growing one. With TikTok Shop capturing social commerce, Netflix leading streaming, Disney+ rebuilding, and Amazon’s Prime Video, Fox gains hardware that may save traditional TV networks.
@WSJ Can I know more about this project?
@business Streaming wars just got a lot more interesting. Fox + Roku could be a powerhouse."
@business Do you think they’ll buy SpaceX in the pension?
@business Murdoch coming for LARGE market share of the media industry with this move. Do you think he has that much fear of Ellison with his moves?
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