RealFeedApp Fox completes $22 billion acquisition of Roku
The deal finalizes a major media merger, making the combined entity the third-largest TV business in the U.S. by viewership. Roku is now formally under Fox ownership.
- Field
- business and funding
- What they did
- Fox completed the acquisition of Roku for $22 billion, making their combined business the third-largest television business in the U.S. by viewership.
- Why it matters
- Fox gained access to Roku's audience of over 100 million households to improve advertising targeting and strengthen its position in the connected TV market.
#acquisition#streaming#fox#roku#media#television
