# Fox Corp. Closes $22B Acquisition Of Roku

- URL: https://talkfuse.com/story/fox-corp-closes-22b-acquisition-of-roku/
- Published: 2026-11-06T14:42:38+00:00
- Updated: 2026-11-06T15:41:09+00:00
- Original publisher: Deadline
- Original article: https://deadline.com/2026/11/fox-corp-closes-roku-acquisition-1237215436/
- Topics: Business, Companies, Entertainment, Markets, TV

## Key points

- Fox has completed its $22 billion Roku acquisition.
- Roku reaches more than 100 million households.
- Former Roku shareholders own about 26% of Fox.

## Summary

Fox Corp. has completed its $22 billion acquisition of Roku, bringing the streaming platform into a larger media and technology company. Roku shares will stop trading on Nasdaq, and the deal gives Fox a much broader streaming reach as it seeks to grow its digital business.

Roku founder and chief executive Anthony Wood will join Fox’s board and become co-chair of Fox Digital Platforms, alongside co-chair and chief executive Paul Cheesbrough. The division includes Roku, Tubi, Fox One and Red Seat Ventures; Fox says Roku reaches more than 100 million households and expects $400 million in cost savings within two years. Under the deal, Roku shareholders receive cash and Fox shares, with former Roku shareholders owning about 26% of Fox’s outstanding shares.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.